The Study On Moderately Relaxing The Legal Restrictions To The Nongovernmental Financing Of Small And Medium Enterprises

At present, in China’s existing financial system, national financial institutions can not meet the financing needs of SMEs, leading to private lending has gradually become the main means of financing of small and medium-sized enterprises.Small and medium-sized enterprises in the initial or growth stage, primitive accumulation is insufficient, benefit is uncertain with difficulty through the formal financial institutions lending standards. On the other hand, the folk capital is plentiful, and the high threshold under the constraints of legally enter into the field of financial difficulties. Because of long-term national folk debit and credit to take ambiguous, cause borrowing from the start there are irregularities, optional sex is big, lack of supervision and other issues, to cause capital vicious spiral buried under inducement, thereby increasing the social unstable factors. China should on borrowing scientific and accurate positioning, through the improvement of financial legislation, establish the legalization of the non-governmental finance, folk debit and credit to let sunshine strip start; reasonable regulate private borrowing, guard against and defuse financial risks and dangers; optimization of folk debit and credit environment, establish all-around mutiple level service system; clear borrowing and illegal financing the limits of small and medium-sized enterprises, private lending legal supervision.