A Study On The Financing Support Of Small Commercial Enterprises In Yunnan Province

It is a worldwide problem for small and micro enterprises to ask for a loan. As a country whose structure of commercial and financial system is significant non equilibrium, China has a more outstanding phenomenon. Especially in Yunnan province, which is lie on the border of our country and has a very low speed of the increase of economy, the problem will be too big to affect the economy of the whole area.Generally speaking, small and micro enterprises have two ways to raise capital,credit financing which contains commercial banks and private loans,and capital financing which contains own capital and GEM listing. But,because of the limited own capital, the effect of own capital is limited too. As for the GEM listing, is more like a existence of pure theory more than a way of financing for the present situation of our country. With the situation of long-term period, the order for small and micro enterprises to raise capital is usually like this: first comes the own capital, then the private debt financing, then the commercial banks. As for the credit financing, if it’s not come from commercial banks, then enterprises will take the high cost of the capital. Even more, because of the macro financial system hasn’t any improvement in the policy system, small and micro enterprises’ financing channel is more and more narrow in front of the unequal distribution of financial resources. Under this premise,the cost of financing will still be a fatal factor of small and micro enterprises. From the realistic point of view, no what matter the choice of financing channel and the support of country’s policy system is, the key solution of small and micro enterprises’ financing problem is to let small and micro enterprises get the same treatment as the big companies when they come up to commercial banks.The Yunnan province is a multiracial province in the southeast of China. Based on its form of development and the level of its industry development, small and micro enterprises have characteristics like the multi-number, the concentrated distribution and the small scale. In a sense, the development of small and micro enterprises is animportant reflection of the development of Yunnan province. Further, the treatment and circumstance of small and micro enterprises is a determining factor of the development of small and micro enterprises, Yunnan province and the border region.In this point, Yunnan province has a typical position among our whole country.Nowadays, the main source of the credit financing of small and micro enterprises is small-credit companies. Although the small-credit companies operate like commercial banks, but they have their own way to raise capital, and the way they move is different from other commercial banks. At last, small and micro enterprises must pay high cost to the small-credit companies. As to the GEM listing, like we’ve just talked about, can not be an ideal way to small and micro enterprises. Small and micro enterprises have to ask for loans from commercial banks. So, whether small and micro enterprises can get the same treatment like other big companies or not has become the important key to the development of small and micro enterprises themselves.In the view of commercial banks of Yunnan province, there are two reasons to attract commercial banks to lend money to small and micro enterprises. One is commercial banks have the advantage of position. They can ask for high payback,and this is a main income of the bank profit. The second reason is that the government put out the requirement to lend money to small and micro enterprises. Under the support of government, commercial banks have the sense of lending money to small and micro enterprises.This article take the measure of combine survey and analysis together. We’ve visited the important institution of the governors of the banks, such as the banking regulatory commission of Yunnan province. And we went to some banks to get the information of the financing support to small and micro enterprises. And from the information we got, we tried to find the problem of the process, give some useful advises as well.