| Small and mid-sized high-tech companies have became the main part of tech innovations of our country and they are the important components of national economy, but financing is still the critical blocking factor of their development. The research subject of this article is the financing modes and application of Sichuan A high-tech company LTD. We will talk about the financing reverses and capital chain collapsing risk that A company faced, and identify the critical problem, hoping to find a practical way for the high-tech company to get the loans.In this article, demonstration and standard research approach will be integrated. Firstly, the related enterprise financing theory will be reviewed, and the frequent methods of financing in developed country will be introduced, the factors of effecting small and mid-sized company choosing investment banking, and the possible ways that will be taken by the small and mid-sized firms in china will be mainly investigated. Secondly, based on A company's situation and contrasting the different financing methods that small and mid-sized businesses take at home and abroad, combining the real situation in china, the practical needs and the different stages that A company in, we mainly studied the three methods--- venture investment, assets securitization and lease of business, and give out the different financing combination in various growth stages. Finally, because of the great investments of A company's gene chips project and long investment cycle, with analyzing advantages and disadvantages of all kinds of financing methods, we will elaborate the possibility of the five financing methods---Innovative security, venture lease, trust products, achievements in scientific research and equity transfer. At the same time, with China's financial market development and related sound legal system, we explored the asset securitization financing in the company's application, and using the SPV through trust-based approach to securitize the assets of this kind of small and mid-sized enterprise: First, loan securitization; Second, the accounts receivable asset securitization. Some practicable and reliable conclusions are made on method, step and risk control of A hi-tek company financing. |