Urumqi Small Micro-industrial Enterprises Financing Problem Summary

With the development of China’s economy, the booming development of small and microenterprises in China’s economy occupies an important position, has become the source ofChina’s economic growth in China has created more than70percent of the total industrialoutput value, more than90%of the jobs. Although these small and micro enterprises in thenational economy occupies an important position, However, its enterprises are smaller, thereis a greater risk in the course of business, the credit level is not high, repayment guarantee.Today, many businesses just starting out, engaged in the provision of information technologyservices, consulting services, and its very difficult to seek guarantees, at the same timewithout sufficient collateral assets, thus, from bank loans to ensure the normal operation ofthe enterprise there is often significant difficulty, its proportion of bank credit accounted foronly less than30%. Today, many small micro-enterprise loans center came into being, but itsstill there are many barriers to financing problems almost all the small micro-enterprises.External financing and internal financing two main methods of corporate finance. Externalfinancing bank loans, friends and relatives with the small loan company loan guaranteecompany financing, pawn behavior, internal financing initial share capital, retained earnings,depreciation, fixed liabilities. But often these financing methods are closely related toenterprise development, the current operating level.In this paper, on the basis of domestic and foreign scholars to understand thedevelopment of small and micro enterprises, the basic characteristics and role and definitionof small and micro enterprises do further analysis of the financing situation of small andmicro enterprises. And on this basis to understand the economic development of Urumqilearned that economic development is also inseparable from the efforts of small and microenterprises, and analyzes the current development of small and micro enterprises.Analysis of small and micro enterprises in Urumqi, leads to a small micro-industrialenterprises, conducted a survey of the basic situation of industrial enterprises of small andmicro Urumqi and financing issues, understand the relevant circumstances, and by factoranalysis method to study its small micro-enterprise financing problems of great significance.First of all, on the basis of the previous research on financing issues, the use ofmathematical models to complete the factor analysis of the problem of financing, thescientific description of the issues related to financing problems; Secondly, the use factoranalysis method to identify the cause financing difficulties The common factor of the problem,and by a factor and belongs to analyze the the Urumqi enterprise financing reform directionand provide direction for the future development of enterprises; small micro-industrialenterprises in the internal and external situation of reasonable suggestions.