The Credit Financing Difficulties Of SEMS And Countermeasures

The world economy continues to decline with the Europe still in debt crisis since2011. Domestic CPI has risen highly, and stable monetary policy is implemented all over the country. Tightening money supply normalizes. It is more difficult to finance for the SMES under the superposition of multiple factors. The view that external financing difficulty is one factor of great importance to restrict the development of SMES is widely held by the theoretical circles. That SMES are limited in narrow range of self financing slows down its development speed and potentiality. Scholars at home and abroad has studied the financial difficulties of the SMES from the theoretical and practice perspective, and discussed the mechanism of this phenomenon, then put forward solutions and recommendations.While the financial services system is immature and other financing channels is incomplete, credit financing is the main channel for SMES to finance. It is the common topic for the government, financial institutions and SMES, to optimize the credit structure and improve the level of credit financing. In this context, this paper systematically discusses the role of SMES and the development present situation, analyzed the credit financing and gave the corresponding countermeasure. And what’s more, it takes the credit financing of SMES in Linyi of Shandong province as an example to analysis and research, combined with its credit data empirical analysis, and to explore the key factors that impact SMES’credit financing.The main work of this paper is as follows:At present, the special services at home for SMES are still not mature. SMES credit have great difficulty in financing information statistics, and SMES credit financing is lack of specific and meticulous research. This paper analyzes the present situation of the domestic SMES’credit financing and the overall reason of the credit dilemma on the whole,and what’s more, which illustrates the analysis taking the Linyi area and its loan data as an example. It takes integrate point and sphere method in this process and gives thorough and detailed description. In addition, the author himself designs questionnaires and investigates SMES in Linyi City in order to get first hand information,which bases this thesis on the reality. The author brings forward that the bank and particularly the the state-owned bank should play a leading role with establishing risk management measures for the SMES credit financing to promote financing solutions. It is important in the systemic project of solving SMES financing problem.In this paper, the dominant contents are as follows:The first chapter, which introduces the background and the significance of the research in this article, presents the research situation at home and abroad and relevant concepts. The second chapter analyzes the current financing predicament of the domestic SMES, especially taking the SMES in Linyi City as an example. It analyzes the reasons of the SMES credit financing difficulties from the concrete aspects in the third chapter. After obtaining measures, the fourth chapter puts forward some policy suggestions and gives some reference to the banks. In the fifth chapter, it summarizes the main research results and gives the prospects of SMES’credit financing research.According to the financing present situation of SMES in our country, this paper takes qualitative analyzable methods combined quantitative ones. Taking the SMES credit financing of Linyi city as an example, it discusses the solutions to the problem of SMES’credit financing, which gives specific suggestion.