A Study On The Improvement Of Small And Medium - Sized Enterprise 's Creditor' S Rights Financing By Internet Finance

SME is an important part of the national economy in terms of the scale and the amount of the employment. Due to the restrictions of their size and the management issues, there has been always problem of accounting irregularities and financial information distortion. Commercial bank is not enthusiastic about credit support to SME. The problem of financing difficulty and funding expensive has always limited the SME to further growth.The Internet Finance of China has become a can not ignore the power of financial services,especially experienced the explosive growth in the last two years, the scale of transaction rapidly rising Lufax, Renrendai, Hongling Venture Capital formed its own unique credit processes and risk control measures.Firstly, this article will start with the characteristics of Internet Finance, namely technical character, innovativeness, universality and perceptiveness. It has been discovered that the lower the requirement of SME’s probability P to keep its promise, the easier the bank credit contract between financial institutes and SME will be reached. By reducing every single lending survey cost of loan enterprise and unit loan cost, Internet Finance Institutes will be able to realize the inclusive financial service. As a result, SME’s financing requirement can be satisfied. Combining with the analysis of the SME’s financing requirement characteristic, it can be concluded that Internet exhibits higher suitability to SME’s bond financing compared with that of the commercial bank.Secondly, this paper is based on the cost of financing, the timeliness of financing, capital utilization, channel availability, financing mechanisms and repayment ability these six aspects, to research how the internet finance influences the SME’s financing. Make the comparison of the Internet financial loans and commercial bank loans to small and micro businesses financing efficiency respectively, by using the method of fuzzy evaluation. Come to conclusion that the Internet finance can effectively improve the financial loan of small micro-enterprise debt financing efficiency.Finally, conduct a comprehensive summary of the improving and problems that the SME finance via the Internet. And then make a prospect on the Internet Finance and small micro enterprise coordinated development, and puts forward related suggestions.