Legal Study On The Issue Of Private Lending Financing For Small And Micro-sized Enterprises

In our country, with the development of the private economy status, thedevelopment of small and micro-sized enterprises increasingly subject to nationalattention. Small and micro-sized enterprises play a positive role in promotingemployment, etc. However, there are still some bottlenecks of its development.Among them, financing problem is particularly prominent. Basing on the summary ofsmall and micro-sized enterprises development practice, our country promulgated thestandard for the division of medium and small-sized enterprises in July2011, whichrectifies the name of small and micro-sized enterprises and lays a foundation forfurther solving the financing problem of small and micro-sized enterprises. On theother hand, along with the increasing of national income year by year, the scope ofprivate capital becomes larger and larger. Private lending is more feasible andnecessity to solve the financing problem for small and micro-sized enterprises. Thekey problem of this thesis is to structure a legal system of private lending for smalland micro-sized enterprises.This paper, except the introduction and epilogue, is divided into four parts, and ithas about31000words.The first part is an overview of the theory of private lending of small andmicro-sized enterprises. This part introduces several basic concepts related to thetopic, such as small and micro-sized enterprises, private lending, private lendinginstitutions.The second part describes the practice of the development of private lendingfinancing for small and micro-sized enterprises. This part analyzes the current status,the reasons of the current status and the dilemma of private lending financing forsmall and micro-sized enterprises, such as private lending financing have lots ofdifficulties, risks and disputes, the operation of private lending is also not standard.The third part analyzes the causes of private lending financing dilemma of smalland micro-sized enterprises. It contains that the absence of the legal system, theexisting unreasonable rule, the large costs of private lending financing as well as thepoor credit status of small and micro-sized enterprises.The forth section presents the basic theory and legal measures to improve theprivate lending financing of small and micro-sized enterprises in China. Firstly, this section proposes solutions to the problem at the theoretical level. Then, this sectionuses these theories to put forward a concrete legal measures, including revising andformulating relevant laws, promoting group management of small and micro-sizedenterprises, establishing financing service center of private lending, setting up aregulatory mechanism of multiple regulatory body.