Research On SY Company's Financing Problem

Small and medium-sized enterprises have important role in all countries economic developing process, they can improve the employment activate the market economy, increase the income, stabilizes the society and so on.. SY company is the electrical enterprise which exist some difficult in financing process, because of itself characteristic and non-perfect external financing environment.This paper combines with SY Company's situation and developed prospect, introduced SY Company and investment programmed situation, determine the capital demand for new projects and investment plans. Find out the financing problems of the company by analyzing the company's current financing structure. In the design of the financing package, we need to stick the principle of a market-oriented the principle of both direct financing and indirect financing,the principle of financial innovation and the principle of maintain appropriate rates of assets and liabilities through the financing process. Based on the situation of the company, point out that, in the short-term financing package, the core mission of financing should be financing for new projects, propose the financing model of take endogenous financing and bank lending as the main channels, at the same time also integrate variety of means of financing. Since the SY Company is listing in the period of counseling, it might financing from the capital markets directly in the design of the long-term financing options, financing by Issuing stocks and bonds. Finally, conduct a feasibility analysis for the programmed proposed proved that this programmed is applicable for the SY Company.This paper pays attention to precautions against to risk which may appear in carry out plan. And put forward some measure. Through strengthen internal financing capacity, adopt different financing programmed in different step; improve enterprise internal control; reinforce the money management to improve the enterprise financing condition, and suppose optimize financing environment to government, it can improve financing problem.