Small Loans Company Design Exploration Based On The Financing Difficulties

Almost every country in the world is faced with the "financing difficulties" problem of micro, small and medium enterprises, since the end of2007that the financial crisis outbreak, this problem is more serious, China is no exception. In2011, with the global and domestic economic recovery trend became clear, under the circumstances that the inflationary pressure was increasing and the scale of bank credit was tightening, the "financing difficulties" problem has forced the micro, small and medium enterprises in our country to fall into the predicaments of the lack of funds and liquidity squeeze, which seriously hindered the healthy development of micro, small and medium enterprises in our country. Micro, small and medium enterprises are conductive to solving employment problem, stimulating technological innovation, promoting regional and rural economic development. Therefore,"financing difficulties" problem will have a huge negative impact on China’s economic development by hindering the development if the micro, small and medium enterprises.Because micro, small and medium enterprises are lack of complete financial statements and collateral or guarantor, so, the vast majority of micro, small and medium enterprises with financing needs can’t get enough loans from banks and other formal financial institutions. In addition, due to the lack of unimpeded financing channels and perfect financing service system, most of the small and medium-sized enterprises have to accept the high interest rates of the folk lending, which brought them a huge survival pressure.Seeking to effective solutions of micro, small and medium enterprises "financing difficulties" problem, the author earnestly studied and analyzed the "credit factory" pattern of Temasek and the "three characters, three table" pattern of the Zhejiang Long Tai Bank, at the same time, summed up their successful experience. Then the author designed the MM small loans company design scheme which is based on the market in Chengdu and can realize sustainable development. Design scheme mainly includes MM small loans company’s organizational structure, target customers, loan products, credit analysis, loan interest rate pricing, risk management, team building, etc. The whole scheme design stick to the principle of legal compliance, the principle of risk and return matching and the principle of difference. And through the feasibility analysis of MM small loans company in Chengdu market and loan interest rate pricing model of MM small loans company, it will verify the rationality of design scheme effectively.Small loans companies can be important supplements to the formal financial institutions. Compared with the formal financial institutions, they can better meet the financing needs of micro, small and medium enterprises, because small loans companies have lower lending requirements and shorter waiting time than banks and other formal financial institutions, In addition, compared with the folk lending, they also have more obvious advantage on interest rates. These advantages will help micro-finance companies to attract a large number of micro, small and medium enterprises customers. Thus, once the small loan company can realize the sustainable development by itself, in the future, it will be one of the effective ways to solve the micro, small and medium enterprises "financing difficulties" problem, and promote the development of the micro, small and medium enterprises.Designed MM small loan company has the feasibility and sustainability in the theory. Therefore, MM small loans company model or the innovations on organization setting, loan interest rates pricing, credit analysis and approval process in the design can provide small loans company that will be established in practice with reference, to some extent, this design scheme has a realistic significance.