The Discussion Of Small And Medium Enterprises Financing Question

Since the reform and opening, small and medium enterprises grows rapidly, playing an increasingly important role in economic prosperity。 Employment increases, innovation promote, industries development, which to be a great force in promoting economic, social development as well as building a harmonious society. There are surpasses ten million small and medium enterprises in china, Accounting for the total number of enterprises99%, And300person of below Small business accounting for95.8%。The small and medium-sized enterprise has contributed our country60%GDP。50%tax revenues and80%cities employment. But Our country’s small and medium-sized enterprise only then12%funds from loan. Has so influential role small and medium-sized enterprise in many aspects. Why hasn’t enjoyed to with it coordinated financial service. With adjustment of China’s economic structural and changes of the economy developing way, the most dynamic groups of small and medium enterprises have created many economic miracles. However, due to its small and medium scale, management, finance, human resources, financial institutions mechanisms, the financial regulatory system and a series of reasons, the small and medium enterprises financing has become a major obstacle to the development of them. After several years of development, small and medium enterprises has made considerable progress, but difficulties in financing is the top priority of development of small and medium enterprise. Contradiction between supply and demand is still prominent, on the one hand there is strong demand for funds for small and medium enterprises; the other hand, commercial banks dominated the financial sector has a huge reserve of depositors funds. As the proportion of direct financing increased in the proportion of the financing; further build the market through the financing to promote effective combination of both supply and demand is the focus of this study. This paper discusses the underlying causes of difficulties in financing, How to build an effective financing market of small and medium enterprise to solve the financing problem.The article is divided five major chapters. The first part was introductory:the content includes the object background、Research meaning、Relevant documents wrap-up and the object of Innovation and inadequate。the part of object background, Finances the difficult that the question on the small and medium-sized enterprise along with national value。The State Council and the related ministries and commissions have released financial related document。Supports in the macroscopic policy the Research meaning chapter introduce the role of Small and medium-sized enterprise in national economy function, the Contribution of GDP,Tax, Employment. Simultaneously the small and medium-sized enterprise has the so huge function, but actually has not enjoyed to the coordinated financial service and supports, The small and medium-sized enterprise has the call for fund, actually very little has the financial support,Has the fund financial organ actually very little to loan gives small and medium-sized enterprise, Therefore we discuss some useful methods:The hope finances the small and medium-sized enterprise the demand to form effectively fiPnancing product, Through effective financing market construction, Trade financing product, Achieves the fund transaction goal, Alleviates small and medium-sized enterprise financing difficult。Has solved in the small and medium-sized enterprise developing process the most essential question, has significant practical significance, the chapter of References introduce that Domestic and foreign in financing research some outstanding achievements and research technique, Has used universal some analysis method in the enterprise type’s choice and enterprise development’s classification, In financing product introduction, Has absorbed advanced achievement。The part of Innovation and inadequate that introducing the form of financing products,the structure of market. the scarce data, not measurement, Financial practice participation not multi. The second part is financing characteristic that Different type different development phase small and medium-sized enterprise demand, Through several manufacturing industries, the service trade-type, the high science and technology’s small and medium-sized enterprise’s call for fund characteristic introduce and Different stage of development:Origination stage, investment management stage, growth development phase, mature stage and withdrawal stage, Finances difficult and the financing product design for the target-oriented analysis prepares for source material. The third chapter is analysis of the small and medium-sized enterprise finances difficultly, including subjective, objective and in the financing environment, Subjectively, the small and medium-sized enterprise according to the modern business management pattern, enlarges the enterprise information to disclose that pays great attention the enterprise credit to construct。Objectively promotion scale and quality, the financing environment, The income cover risk, subject of investment quantity, the capital funds scale, enters the market the threshold to wait for improving。The forth chapter how to Constructs effective financing market, including Financing market supply and demand both sides, financing product and financing market supervision, Hardening commercial bank small and medium-sized enterprise credit target, Establishes the small and medium-sized enterprise stockholder’s rights small Commercial bank primarily Perfect small and medium-sized enterprise guarantee system, Establishes the multi-level venture capital organization, The government supports the fund participation enterprise financing product transaction, Financing product, Enterprise effective financing demand securitization, Financial market supervision, Entire financing behavior entire journey supervision。The fifth chapter is Small and medium enterprises financing proposals.