He Study Of The Problem Of Small And Medium-sizde Dnterprise Financing Lease In Our Country

There are a large number of small and medium-sized enterprises in our China. Since opening andreforming policy in1980s t, small and medium-sized enterprises have been playing more and moresignificant roles in China’s economic development, solving the problem of employment, and optimizing theindustrial structure. They have made great contribution，about60%of the GDP and up to fifty percentage ofthe income tax come from small and medium-sized enterprises in China.However, small and medium-sized entities face many problems in their development processesowing to their low credit situation, weaker risk tolerance and other inherent defects. How to finance isdefinitely one of the most challenged points. The people’s bank of china launched an investigation among1105small and medium-sized enterprises from weihai, Beijing, dongguan, wenzhou, taizhou and xi ’an in2008.According to the investigation, about66.7percentages of them appeared to have been risked inshortage of fund. It implied most minor enterprises in china have seriously fund trouble in development.Due to the situation, financing lease becomes one of the important ways to solve this problem.Therefore, the article generally set financing problem as the breakthrough point. It provides adeeply expressions of financing lease based upon lots of literature. It describes the growth background offinancing lease and the motivations for its rapid development. At the same time, it points out its naturaltraits differing from other financing ways. Firstly, it shows that as financing lease is still in the beginningstages in China, the utilization of financing lease need to be exploited and enhanced. Secondly, the articleoffers an analysis on the current situation and adverseness in financing for minor enterprise. Although minor enterprise is the main force in economic rising, minor entities always prefer tointernal financing rather than external financing when face fund lack, which usually a method of taking useof capital assets owned by the company. During the external financing, loan from banks obtains aboutseventy percentages, which is the most major method to get money support. Most of the enterprises’shareholders are individuals whose capital resources are always quick limited. On the other hand, theprocesses in loaning from banks are complicated and bankers remain reluctant to lend money to themowning to their common low credit situation. According to above, minor enterprises are tough to get fundsupports from the capital market. It is the core risk to find a new financing method.Meanwhile, the article analyzes the advantages in promoting minor enterprises with financinglease tools. The processes of financing lease are much more simple and flexible. Entities can also speed upfixed assets’ update to keep enterprise’s competitiveness, reject adverse effect by inflation and avoidsuffering from interest and exchange rate changes. To lessor it is a good marketing method too. Thus, itoffers a good solution to the financing problem for small and medium-sized enterprises. It greatly promotesthe rapid development of minor enterprises. However, there are many problems in using financing lease. Itis the consequences of their natural disadvantage. For examples, not acquire the knowledge about financinglease, low personnel quality, low credit lever for false financial statements and influence by surroundingenvironment. Therefore, policies should be settled to solve these problems. Firstly, entities shouldstrengthen their constructions by themselves. Secondly, the authorities should monitor and manage theentities appropriately. In addition, micro environment should to be improved to facilitate the developmentof minor enterprises. Such as tax incentives, establish of information platform, perfect legislation and etc. Itcertainly will play an important role in economic growth.