Sme Credit Guarantee And Bill Financing Research

It is being widely recognized that the small-medium-sized enterprises (hereinafter referred to as "SMEs") are playing an important role in the economic development. In the meantime, their financing problem has become more and more serious. The article points out that with the rapid growth of China's economy, SMEs (especially the private-owned) have become a mainstay power in the economic development. It is a fact obvious to all. But in recent years, SMEs have suffered a lot from the financial oppression. There are some barriers hindering their direct and indirect financing activities, especially their loan-applying from the banks. How to solve their financing problem and accelerate their development is a problem eagerly crying out for settlement.As stated in the article, now the reason why it is difficult for SMEs to gain the loan lies in the limited financing channels. The structure and main points are summarized as follow: After introducing the basic concept of SMEs financing, the paper analyzes the main reasons of financing difficulties. This article thinks it the necessary to establish credit guarantee system of SMEs in our country, and introduces the credit guarantee model based on the LS-SVM. At last this article analyzes current development of instrument market and build the market construction to widen the channel of SMEs financing. This article mainly establishes some models with quantitative analysis and mainly arranges some institutions with qualitative analysis.