Study On The Private Financing Of Small And Micro-sized Enterprises

Small and micro-sized enterprise is an important component in our national economy, have irreplaceable strategic position in the economic and social. In the wave of economic growth, small micro enterprise plays an important role as a active basic force. However, the enterprise own limitations, China’s economic system and such various factors, make financing become a difficult problem and seriously restricted the development of small micro enterprise. Further, it result in single financing way, narrow financing channel, bad financing structure with many defects. On the other hand, China’s abundant private capital, private financial organizations in various forms, in the absence of supervision and guidance, rich folk financial easily lead to economic crime and cannot get effective play. The realization of civil finance and small micro enterprises docking channels of capital, the folk capital to solve surging funds are relatively small and micro businesses shortage, solve the problem of capital fund turnover of enterprise, high rate of return is widespread attention at home and abroad in the new hot, but the folk financing to solve the financing problem of small and micro businesses, will greatly promote the development of our national economy.From the private lending and small micro financial situation of enterprises, This paper analyzed the status quo of folk financing and related theory, a clear understanding of the concept and characteristics of civil financing. It reviews the folk financing development since1990, the evolution process of financing, and raise kind resolution from the angle of the history analysis on the financing problems. The problems are found such as narrow financing channel, low financial management level, poor credit status and preconception from state-owned commercial bank, then analyze financing way, the financing system, development system. Its Objective is to discuss private lending and small and micro businesses relationship, discuss the advantage and disadvantage based on the analysis to financing rationality of small and micro businesses. At last, it receive best way. From the point of view of theory, summarizes successful experience of the folk financing to help small and micro businesses, put forward to solve the difficulties in financing small and micro businesses according to China’s actual situation. The small and micro business should strengthen enterprise credit construction, improve the financing capacity of enterprises, which is the most fundamental measurement. Starting from the external environment, we should improve the financing environment for small and micro businesses, especially the social credit environment, vigorously expand direct financing channels for small and micro businesses, establish and perfect the law and policy, small and micro businesses financing economic policy, credit policy, regulatory policy and risk forecast. By such ways, promote the economic development and ensure the development of small and micro businesses.The main conclusion of this paper is as follows:to solve the problem of information asymmetry of small miniature enterprise financing effectively, the mechanism is not perfect, the environment is not suitable and the laws and regulations are not perfect. It is necessary for long-term development of enterprises and China’s economy. The precondition is to clear the folk finance and improve and implement the relevant laws and policies, Internal deep internal potential, expand the financing channels for enterprises, improve enterprise asset structure, improve the small and micro businesses credit system, Construction of sharing platform of private funds through external information, enterprise and private capital exchange context, Establish and perfect the supervision system, strengthen the folk financing standard, Construction of the folk capital market-oriented interest rate system and improve the system of risk prevention of folk financing. Only make effort from bank, micro businesses. Only banks, small and micro enterprises, social parties to work together, the financing problem will be resolved gradually.