Informal Finance And SME Financing Problem

With the development of social economy in China, SMEs as the economic development of the mainstay position is increasingly obvious. During the small and medium-sized enterprise development process, financing always the initialization process problem, because the small and medium-sized enterprise business has poor ability to resist risks, management mechanism is not perfect and financial management is diseased. A series of problems in the hard from the formal financial institutions, private finance because of its own lending flexibility and based on the popular geopolitical information superiority, accompanied by the development of small and medium-sized enterprises emerge as the times require.Based on the analysis of existing economic theory, the introduction of the small and medium-sized enterprise management and the informal financial demand analysis, the relationship between the two, by using the game theory and the theory of financial development of normative analysis of informal financial origin and folk to collect money market inter groups, regulators and market interest rate in the game, fully shows medium and small businesses, private financial institutions and regulatory bodies between the three games, with reference to the foreign informal financial organizations in the regulation and protection of the relevant policy experience, proposed to our country informal financial organization legal, regulatory mechanism for the supervision and management measures and accelerating the marketization of interest rate.