Research On The Problem Of Financing Small And Micro Enterprises In Business Factoring Resolved

Nowadays in China’s economic market, the financing difficulty of small and micro-enterprises has to be solved. Although the government has taken many measures to strengthen the support to small and micro-enterprises, they still facing some problems such as the lacking of mortgages、information asymmetry and high cost of financing. Taking use of commercial factoring and to support the development of commercial factoring companies, could be a good solution to the problem. Compared with traditional banking factoring, commercial factoring take the advantages of professional and efficiency, it also ask for a low request to the aptitude of small and micro-enterprises as sellers. This way of financing is on speaking terms with small and micro-enterprises. Now, the whole factoring industry has a well develop momentum, the global factoring trade volume has grown year by year. China has been the biggest factoring country for several years. Although it has a good development, there are still some defects of our commercial factoring industry:there is not a stable determination to the commercial factoring in the society; there is no support of social credit system and credit risk measurement; there is lack of professional factoring trader; there is still unclear in law and tax administration.This paper analysis the examples of foreign and domestic, summarize the advances of foreign country and also point out the problems of domestic commercial factoring companies when operating businesses. Aim at the problems, this paper has pointed out the following solutions:first, to strengthen the contribution of legal system, try hard to release the unified industry policies; then, to strengthen the contribution of social credit system and credit risk measurement; what is more, we can take use of the supply-chain finance to solve the problem; finally, to enhance the cultivation to the professionals. To solve the problem of commercial factoring will remission the difficulty of financing to small and micro-enterprises, and finally motivate China’s real economy development.