A Comparative Study Of Sme Credit Guraantee Model

As we all known that SMEs are important to the economic development of the world, which support the economic growth, promote technological innovation and provide jobs. However, the problems of financing small and medium enterprises have been bottlenecks. From international experience, the establishment of SME credit guarantee system for SMEs to provide credit support, ease financing difficulties for SMEs is one effective way.China started to build with Chinese characteristics, "One Body Two Wings five-story" SME credit guarantee system in 1999.So far, the SME credit guarantee system has gone through a ten-year development process. SME credit guarantee industry has played an irreplaceable role in a strong impetus to the rapid growth of China's small and medium enterprises. However, there are more obvious structural defects which will inevitably affect the effectiveness of the security system of play, bound to cause some problems.Based on the above issues, this article analyses the existing credit guarantee system for small and medium enterprises, "One Body Two Wings" mode and compares the differences among policy guarantees, mutual guarantees and commercial guarantee, followed by evaluation the deficiency of the China's SME credit guarantee system. For leads to this point of view, namely through the reconstruction of "mutual aid guarantees mainly to governmental security and commercial security supplement" guarantee system, to resolve the current slow development of the security industry, guarantee the efficiency of financing needs of SMEs is not high and increasing conflicts.