Small And Medium-sized Enterprise Loan Problems Research In Jilin Province

Since the1980s, the annual production value of our country’s small and medium-sized enterprise growth rate which was always higher than the growth speed of the national economy. By2008the total number of small and medium-sized enterprises in China has more than42million, over90percent of all enterprises in China, and the value they created has reached more than60%of the GDP. The SMEs turned over to the state about50%of the country’s total tax each year. SME has more and more prominent status and role during the economic and social development in Jilin province recent years.The main business income of SMEs in Jilin province has reached1.3trillion Yuan by the end of2012, and the tax they turned over to the state reached38billion Yuan. SME employees up to4.2million and the number of SMEs up to115,000.The SMEs have accounted half of economy in Jilin province, it has contributed a third of provincial finance income and solved70%of the employment. Though SMEs has become the backbone of Jilin economy, the shortage of fund always hindered the development of SMEs in China.This article was based on the investigation of SME financing actuality in Jilin province, by using the method of questionnaire investigation and regression analysis to find out the influencing factors of SME loans and the main causes of loan difficult, and then put forward the specific policy proposals.The first part, introduction, from the position and role of SME in the economic and social development, the current status and difficulties of SMEs in China, as well as the current macro background that support for SMEs development and so on, to analyze SMEs loan financing issues and meanwhile disclose the realistic backgrounds of this paper, and then determine the value of the topics studied in this paper.The second chapter, the investigation and analysis of SMEs loan status in Jilin province, take Jilin, Yanbian, Baicheng, Liaoyuan and Songyuan five cities as an example. Through field survey of SME loans with actual survey data, to analyze and study the status of loans supply and demand in current loan market. Analyze the general problems of SME loans in Jilin province.The third chapter, empirical analysis to the influencing factors of SME loans in Jilin Province. First, in the form of questionnaire survey to several factors that hindered the current SME loans. Send out the questionnaires to36SMEs and major banks in Jilin Province. Investigate the main factors influencing the SMEs loan. According to the investigation, the total assets, total corporate liabilities, collateral value, total profit and the cooperation between banks and enterprises in the early are the major influential elements to determine whether the SMEs can obtain bank loans finally or not. Second, on the basis of the questionnaire survey and according to the relevant data of63SMEs that was been investigated, using the main factors affecting the SMEs lending as a variable to build the regression model. Finally, proceed to analysis according to the results of the analysis and relevant SME lending theory.The fourth chapter, the causes of SME loans difficulties in Jilin province. Through the data of field survey and empirical analysis results to summarize four major factors that hindered SMEs loans in Jilin provinceThe fifth chapter, put forward some policy suggestions to ease the loan-applying tension of SMEs in Jilin province. Combined with the current situation and existing problems of SME loans development in Jilin province, to analyze and put forward relevant policy suggestions to relieve SME loans difficulties.