A Legal Analysis Of Financing Difficulties Of Small And Medium - Sized Enterprises

30years of Reform and Opening up, China’s economic develop rapidly, Speed up the process of integration of the world, the rapid development of small and medium-sized enterprises (SMEs)。 China’s SMEs have a flexible mode of operation, with strong market adaptability,they have the output value of profits and taxes, innovation and easing the employment pressure。 They even have made a great contribution to the promotion of economic and social development, but the SMEs for morestart-up and growth stages, shortage of funds is an important factor which restricts the development and growth of SMEs. Proceed from the legal system, solve the financing difficulties of SMEs in conducting research to operational and practical suggestions.Departure from the historical background of the development of SMEs in China, combined with the theory of SME financing, in-depth analysis of the characteristics of China’s small and medium enterprises financing difficulties, in order to find the causes of the plight of these enterprises, including their own aspects and legal regulation Reference to the major developed countries, their small and medium enterprises financing system and legal policy. By analyzing SME financing system in the United States and Japan, the legal policy out of the financing difficulties of SMEs in China looking for a useful reference and inspiration.Based on the current financing difficulties of SMEs status quo, the system summarizes the comparison between China and foreign countries, resulting that the main reason of the financing difficulties of SMEs in China China’s finance system is not perfect and the current legal system. Based on this last, the financing environment for SMEs in China, summed up the financing of corporate finance theory, analysis of foreign legal planning for SMEs, to summarize the financing system, the advanced experience of the laws and policies on China’s revelation, through institution building and legal system perfect, put forward a series of suggestions to improve the financing environment for SMEs.