SMEs Financing Research

Small and medium enterprises (SMEs) have the most vitality in the global economy. In China, the development of SMEs in ensuring that appropriate growth of the national economy, and ease pressure on employment, and technological innovation, optimize the industrial structure, which play an increasingly important role. However, the development of SMEs in the course of the difficulty in financing has become increasingly acute, the financing gap growing, has become a constraining its further development bottleneck, research of the financing of SMEs in China have important practical significance and urgency.In this paper, China's financing of SMEs increasingly acute contradictions, from the theoretical basis, the status, the ways to resolve the problem, and key issues etc. were discussed in detail. First introduced at home and abroad for SMEs as defined, reviewed the financing theory of SME-specific basis. Then analyze the financing of SMEs in the status and its causes. China's SME finances difficultly mainly to display for the financing channel is narrow, the financing way is limited and financial institutions for SMEs support insufficient etc. Its reason main performance is: The SMEs own credit's flaw, the bank system imperfect, capital market's restraint, the government to manage insufficient, and the external credit system not perfect and so on.To introduce the experience of foreign countries to solve the problem of financing SMEs on the basis, we analyzed with the solution to China's national conditions: upgrading the quality of the enterprise; broaden the financing channels and reduce financing difficulties; improve government functions, improve the financing environment for SMEs; Construction of small and medium-sized enterprise financing exterior credit system.Application of the above theoretical analysis, we carried out on specific cases of companies, discussed has been possible to supply financing the channel and the way, and carried on the financing risk analysis, put forward the science reasonable financing proposal.