Research On The Hei Longjiang Private Enterprise Financing Problem

In the process of promoting northeast old industrial base, Hei Longjiang province's privateeconomy which became the impetus and new strength of entire economy, played an importantpart in Hei Longjiang. Private enterprises played a main part in the development of privateeconomy, but private enterprises faced the serious problem of lacking fund because they wereinfluenced by many factors. Now the problem of lacking fund has become the bottleneckwhich restricted the development of private enterprises. Therefore, solving the financingproblem has become the key which promoted the further development of Hei Longjiang privateenterprises.In the area of Jiangsu and Zhejiang province the private enterprises developed rapidly and hadsuccessful experience in the financing aspect. Private enterprises in Hei Longjiang provincecould study from these four aspects of excavating folk capital financing, establishing privatefinance organization system, improving credit guarantee system and developing directfinancing.Using the Pessimistic interrelatedness law analyzed investigation data in the article anddetermined factors influencing Hei Longjiang private enterprises indirect financing, includingenterprises net assets volume, enterprises total profits and taxes, the inhabitant deposits, thefolk capital, GDP, the capital amount of stock and bond, the sum of the financial organ savingand so on. Because it was more difficult to gain direct financing data, the article analyzed thefactors from two aspects of the enterprise's stock and bond supplies and demands, thendetermined the main factors which influenced direct financing: enterprises, macroscopiceconomic environment, capital market and So on.The article proposed four ways to solve the private enterprise's financing problem and speedup the development of Hei Longjiang private economy, including enhancing privateenterprise's own quality, using latent folk capital, establishing perfect credit guaranteeorganization, developing direct financing positively.