Our Country Small And Medium-sized Enterprise Supply Chain Financing Efficiency Research

Nowadays, Small and Medium-sized enterprises(SMEs) play a crucial role in the process of Chinese economic structural adjustment. However, the problem that enterprises finance hardly all the time and can not make up the funding gap had seriously affected their development. With the financial institutions such as banks transform operation philosophy gradually, which consider the improvement of finance approach as a method of their transform and a scientific development strategy, and consider the financial practices of Small and Medium-sized enterprises as a key access to optimize credit structure, diversify risk, increase liquidity, and create the new profit growth point, finance practices of Small and Medium-sized enterprises begun to heat up. According to characteristics,’short-term, urgent, frequent, quick’, of the finance of small and medium-sized enterprises, supply chain financing business of small and medium-sized enterprises take virtue of its advantages to become a new way SMEs finance.Although some scholars supply chain financing for SMEs has been studied, mainly focused on the theoretical level, the relevant empirical analysis is relatively small. Based on the financing of SMEs and SME financing supply chain efficiency theory, the theory of supply chain financing and SME case, empirical analysis of supply chain financing for SMEs to combine the supply chain financing mechanism for SMEs to study, compared to traditional bank financing business and SME finance the difference between supply chain links, the merits of the degree of supply chain financing for SMEs has found that low-cost, easy to control the efficiency advantages of risk for dissemination among the majority of SMEs is an effective solution to SME financing issue a new channel. In addition, single-stage DEA model in this paper, based on a two-stage DEA model for SMEs to raise funds financing the supply chain efficiency and capital allocation efficiency for more accurate evaluation and analysis. By calculation and analysis, that the financing of SMEs as a whole is not efficient. Among them, the financing of SMEs in the supply chain fund-raising stage financing than traditional banks have efficiency advantages, but at the allocation of funds in stages, supply chain financing business less efficient. In view of this situation, the article with the actual situation of SMEs and their factor analysis of the external environment causes. Finally, conclusions based on studies, suggestions to improve the efficiency of SMEs in supply chain financing strategies and advice.