An Investigation Report On Small And Micro Businesses Financing In Gaoyang County Of Hebei Province

Corporate financing is the core of the company’s financial management. The fundingprofile of a company influences the company’s product management,business developmentand technology innovation.Small and micro businesses as the main force of Chineseeconomic development has been subjecting to financing difficulties.This is a global problemand it is a worldwide topic to solve this problem. Small and micro businesses play animportant role in promoting economic growth,increasing employment,creating technologiesand stabilizing society.Their developments needs funds.Thus solving the financing problemof small and micro businesses can promote our country’s development.Chinese small andmicro businesses is restricted by internal and external factors.Compared with largeenterprises,financing is more difficult.In order to solve this problem,the bank,the governmentand the enterprises are actively improving the financial environment and creating financialproducts.But only a few enterprises can benefit from the financial environment now,and themost of the enterprises still face the financing problem.Gaoyang County is the national textile County.Small and micro businesses play animportant role in the County’s economic development.Because of the low informationtransparency,lack of mortgage and high credit risk of small and micro businesses,commercialbanks unwilling to provide funds to them. The financing problem is prominent.It restricts theenterprises development of Gaoyang County.It also influence the Gaoyang County economicdevelopment.In this assay,the target of the survey is small and micro businesses in GaoyangCounty.After sampling surveying300small and micro businesses,I can understand theirfinancing situation.Firstly,the article introduces the process of research and analyze thequestionnaire.By analyzing the questionnaire,I can know the financing situation in GaoyangCounty.Secondly,I analyzes the financing difficulties from three angles which are thebanks,the government and the small and micro businesses.Finally,I put forward somesuggestions from the angle of industrial cluster financing.This article attempt to solving the financing problem in Gaoyang country by making innovations in the industry clusterfinancing model.By analyzing the advantage of industry cluster financing and combing withthe characteristics of the local industry cluster,I put up four new financing model:supplychain financing model,mutual mortgage financing model,mutual guarantee financing modeland the network joint guarantee loan model.Then I puts forward concrete suggestions toimprove the innovative financing models.