Study On The Financing Of Small And Medium-sized Enterprises Based On Sichuan Area

The Background and purpose:Since the reform and opening up to the outside world, the private enterprises have made great contributions to the social economical development of China. Meanwhile, however, problems in financing predicament of the small and medium-sized private enterprises are still not solved successfully. Since1980, a series of major reforms has been taken into practice in our country. With financial reforms promoting, financial service improving and financial system sustainable developing, how to solve the difficulties in financing predicament of small and medium-sized private enterprises has become our priority. It is still an issue of perplexing the national development on how to solve the financing predicament. Considering the important role the small and medium-sized private enterprises is playing, it has become more urgent to analyze deeply the difficulties and the current situation they face, and make an in-depth analysis of the cause, in the hope to find the reasons of difficulties in financing predicament. We should see through the appearance to the essence so that we can give advice to all parties and put forward effective solutions to solve the difficulties in financing predicament.Main content and viewpoint:This paper is divided into five parts,Part One:This section introduces the research background, significance scope, research methods and limitations.Part Two:The second part is a review of financing for SMEs. The section from the definitions and concepts involved in SME financing SME start-depth study of the development process of SME finance theory, research scholars summarized research on the financing of SMEs. Part Three:The third part is the analysis of the status of SME financing.Part Four:This section is the financing of SMEs specific case studies. This part selected the joint guarantee financing model of Ziyang agricultural society, secured financing Model of Longsheng chemical company, commodity pledge financing model of Xinniu cable company.As analogy, by analyzing the three financing models,we want to summarize the experiences and methods to solve SME financing difficulties.Part Five:By analyzing the causes of the front of the SME financing, the specific analysis of the case, we propose to find solutions to SME financing policies and programs, from banks, SMEs themselves, and government. This section is a theory and practice summary of SME financing.Contribution:This paper describes the status of the private financing of SMEs, and analyzes the reasons of financing:difficulties. Meanwhile, this paper analyzes the different financing modes, through three specific cases of SME financing in Sichuan Province. Finally, this paper proposes improvement measures, from businesses, financial institutions and governments in these three areas.