The Study About The Financing Of Private Enterprises In Shandong Province

Around the world, the history of economic and social development, both developed and developing countries, private enterprises are the economic development and an important pillar of social stability. Private enterprises in the promotion of scientific and technological progress, rich industrial groups, improve the efficiency of resource allocation, detailed socio-professional division of labor, increasing employment and expanding exports have played an indispensable and irreplaceable role. Shandong province is a major agricultural province, the agricultural population, in promoting rural development in Shandong Province to increase the income of the farmers and provide jobs, etc.; private enterprises play a significant role. Of private enterprises, however, difficulties in financing the development process problems are more and more prominent, financing and growing gap has become a bottleneck restricting its further development, so the financing of private enterprises in Shandong Province conducted a study on the causes of difficulties in financing for its proposed strategy and recommendations to facilitate financing of private enterprises to break through the bottleneck, healthy and stable development. Study of Shandong Province, the financing of private enterprises has important practical significance and urgency.In this paper, the financing order theory and life-cycle theory, using a questionnaire survey method, mathematical statistics and so on financing of private enterprises in Shandong Province conducted an investigation and analysis of the status quo, through the analysis found that while private enterprises in Shandong Province from commercial financial institutions to obtain loans rising in absolute terms, but the relative share of the decline in the narrow channels of private corporate finance, loans, the phenomenon is still widespread and difficult. Private enterprises a serious shortage of supply of financial markets, formal financial institutions in a single, rural credit cooperatives is difficult to play the main force task, the four major state-owned banks for efficiency reasons, business outlets and massive, non-formal finance is inhibited, resulting in areas most in need of loans there is no corresponding financial institutions to lend money. Financing of private enterprises in Shandong Province difficult problem, from the surface to see is because the private enterprise's own shortcomings and financing channels are limited, essentially because the credit of private enterprises in Shandong Province is not high, commercial banks, credit policies can not meet the current demand for loans, as well as private enterprises to private enterprises to a good environment for the financing of social services has not yet formed. Combination of the actual situation of private enterprises in Shandong Province, should strengthen the building of private enterprise's own credibility, establish and improve the credit guarantee system for private enterprises, deepen the financial system reform and improve the commercial banking system, a fundamental solution to the financing of private enterprises in Shandong Province Difficulties.