Research On China’s E-business Financing Supporting For SMES’ Financing

In recent years, small and medium-sized enterprises in promoting steady and rapid growth of national economy, alleviate employment pressure, optimizing the economic structure, and many other aspects are playing an increasingly important role. However, in such an important economic and social contribution, the development environment of small and medium-sized enterprises is faced with financing difficult question. At the same time, the e-commerce increasingly permeate the traditional financial sector, and ultimately formed a "Ali finance" as the representative of the E-business financial model. Compared with the traditional financial institutions, E-business financial service characteristics of flexible, convenient, low cost and product design can match the more small and medium-sized enterprise financing needs; In addition, through the application of the large data, E-business financial institutions more advantage in control of the customer information, and thus more suitable for small and medium-sized enterprise financial operations. Thus, to struggle for a long time in traditional financial system of small and medium-sized enterprises, E-business financial duly appeared to help it get rid of the shackles of money, so as to realize its rapid development. Based on this, this article made a comprehensive systematic research on how E-business financial support for small and medium-sized enterprise financing.Firstly, this article analyzes current situation of the development of China’s E-business financial, found that E-commerce financial has procedure is simple, flexible loan, efficiency, fast characteristics can well satisfy the small and medium-sized enterprises "short, frequency, urgent" financing needs, and in the case of the lack of internal financing, direct financing channel not free, bank financing constraints, E-business financial highlights its unique advantage and function. Secondly, this article analyzes the inner mechanism of the E-business financial support to small and medium-sized enterprise financing from the angles of theory and mathematical. In the aspect of theory, through financial repression, financial deepening and analysis of financial symbiosis three theories, draw the E-business financial necessity in our existence and development of the financial system; in mathematical terms, through the building of the advantage model and introduction of the multiplier effect, demonstrates the E-business finance has incomparable information cost, transaction cost, mortgage guarantee, the allocation of resources and other advantages. Again, in order to make E-business financial to better support for small and medium-sized enterprises financing, this paper as a case study Ali financial, analysis its success in supporting the process of small and medium-sized enterprises financing. Aiming at the shortcomings of the Ali financial, this article proposes a idea of building a five linkage network financing platform, and from the perspective of cost and benefit analysis of the feasibility of constructing the platform. Finally, in order to ensure the stability of the five linkage network financing platform safe operation, this article from government, business, platform, etc. perspective, puts forward the countermeasures and Suggestions about E-business financial supporting for small and medium-sized enterprise financing.