Study On The Model Of Small Micro Enterprise Group Lending In China

Since the US subprime crisis, China’s excessive investment and more money, has led tothe domestic land, human and capital costs rising, aggravating the economic and financialenvironment of the enterprise. Financing situation of the small micro enterprise is particularlyworrying.In order to adapt to the situation of small micro enterprises lacking collateral,small microenterprise group lending through innovation technology, alternate "collateral" to "mutualguarantee", satisfying the financing demands of small micro enterprise.Although group lending is popular in the small micro enterprise, but also exists someobstacles, such as the difficulty in forming coinsurance group and inperfect risk compensationmechanism, etc. Therefore, in order to promote the sustainable development of small microenterprise group lending, This article has refined the policy recommendations of improvingsmall micro enterprise group lending, by understanding the status of the current small microenterprise group lending, analysing domestic normal group lending patterns and special grouplending patterns, and combining the international loan guarantees experience.On the basis of domestic and foreign experience, this paper according to the loans before,loans, loans after three stages, has put forward targeted policy suggestions respectively.At thestage of loan before, this paper suggests to perfect the small micro enterprise credit system,standardizes financial information, improves small micro enterprise audit pass rate, at thesame time, also advocates the special group lending, reduces the loss rate of bank loans. Atthe stage of loans, this article suggests banks and other financial institutions to take incentivemeasures, such as step by step loans, paying the security deposit, improve the serviceefficiency of loans. At the stage loan afer, this article suggests banks and other financialinstitutions to build again guarantee mechanism, strives for more fiscal subsidy, andstrengthens small micro enterprise default cost, minimizing the loss of group lending.