Research On The Guarantee Law System Of Innovative Financing For SMEs

Financing difficulties of SMEs has existed for a long time, less assets available for mortgage, low credit ratings vulnerable, the characteristics above make it difficult for SMEs to get financial support from traditional banks. It’s hard to solve the problem because of the demands conflict between SMEs and the bank. Issuance of collection debt and other innovative forms of financing for SMEs can solve the financing problems. Most innovative forms of financing for SMEs using credit guarantees due to the shortage of fixed assets. in this process, the credit of SMEs are significantly insufficient, guaranteed credit enhancement in innovative forms of financing for SMEs is very important, the guarantee modes it the traditional financing forms cannot accommodate the innovation one. In our country, the guarantee laws can not match the process and need to be improved, such as government guarantees, joint security guarantees, there are no match laws and regulations for now, hinder the guaranteed credit enhancement to play a role. We need to create the new law system or adjust the old one to solve the problems. At present, establishing and perfecting guarantee law system, further promote SMEs adopting the innovative ways of financing, so as to solve the financing problems.