Nanchang City Of SMEs Credit Guarantee Risk Management Research

SMEs (Small and Medium-sized Enterprises), as an important component of the national economy, have an enormous impact on facilitating economy development of our country. However, financing difficulty and lack of credits have become their main obstacles. In this context, credit guarantee has significantly released their problem of financing difficulty, even though it has considerable risks caused by various factors. Therefore, how to manage the risks of credit guarantee has become a problem resolved instantly to make it go along as stably as possible.This paper tries to propose some recommendations used to improve SMEs credit guarantee risk management by researching the factors resulting in risks. First, the paper reviews both domestic and international literatures about credit guarantee and risk management about it, and gives the definitions of related conceptions. Second, concludes the factors that resulting in the risks based on analyzing the current situation of SMEs credit guarantee. Third, combined with concrete case, the paper makes a further analysis. At last, the paper proposes five recommendations in order to improve the SMEs credit guarantee risk management.