Study Of The Credit Financing Of Shaanxi Agriculture-Related Enterprises

At present, Shaanxi's agriculture-related enterprises are mainly small and medium enterprises. Because of most of these companies own less funds, Low cost-effectiveness, The accumulation of their own is a serious shortage and so on. Shaanxi's agriculture-related enterprises generally face difficulties in financing .On the one hand, the enterprises have strong demand for credit and depend on funding. On the other hand, the success rate for loans is low, and the amount to approval is small. The contradiction between demand and supply confirm the truth of that Shaanxi's agriculture-related enterprises lack long-term stable funding source. Therefore, to achieve sustainable and leapfrog development, we must broaden the financing channels for enterprises, and increase investment in bank credit. This paper studies the status and financing characteristics of agriculture-related enterprises in specific regions, revealing the factors that affect the financing of agriculture-related enterprises, exploring the way to improve the credit financing of agriculture-related enterprises. These will have a important theoretical and practical significance to enhance the financing capacity of agribusiness.This paper based on the survey and interviews conducted in Cheng County, Xixiang County and Chenggu County in September to November 2010.I understand the financing situation of Shaanxi's agriculture-related enterprises and obtain related data. Combination of economics, management science theories, the factors affect on corporate financing and the measures to promote the development of credit financing were analyzed. Full-text includes the following parts:Part One: Introduction. It narrates the study background, aim, significance and national and international research results.Part Two: Definition of related concepts. It includes Agribusiness, Leading enterprises, Financing, Financing structure and Credit Financing.Part Three: Describing of the development and financing of Agriculture-related enterprises in Shaanxi, Qualitative analysis of the factors of the corporate finance. From the main point of the credit, I analyze the shortcomings of the agriculture-related enterprises and the target of the commercial banks own in the current context, In addition to the structure and types of credit, credit management system, channels of communication with enterprises and other aspects to the finance for agriculture-related enterprises. From the point of the Capital Markets, credit support systems, security institution building, analyzing the impact of objective factors of financing in agriculture-related enterprises. The rules and regulations for financing are not sound, the auxiliary system of credit endorsement is not perfect, Lack of supporting services , This situation is is not conducive to agribusiness finance, also not conducive to financial institutions to hedge their risks.Part Four: Empirical Analysis of the Financial Condition of Shaanxi's agriculture-related enterprises. First I analysis the raw data of the survey, then I quantitative study the factors for financing situation in Shaanxi agribusiness. Using some Logit model to test the factors of finance in Shaanxi's agriculture-related enterprises.Part Five: Based on the above analysis, recommending some suggestion,including construct the agribusiness + farmer financing model type; Implement the corporate UNPROFOR, Expand the scope of collateral, Development of secured loans, And strengthening financial management, Increased sense of social responsibility banks, support Leading enterprises, And establish and improve agriculture-related enterprises and other public service system.Part Six: Conclusion.