Research On The P2P Innovation Pattern For Supporting The SMEs

With the development of the network technology and the increasing integration of finance and Internet, one type of Internet finance, P2 P online lending platform, shows its incomparable advantages of no geographical restrictions, lower cost, rapid lending speed, convenient information communication and so on, which forms a certain challenges to the traditional banking system. At the same time, the SMEs are always have difficult to get the finance which they need for many years because of their special characteristics and the constraints from the structure of financial market. So under the rapid development environment of Internet finance, it is a new topic of forming a new P2 P financial model to support the SMEs’ financial demand. In fact, it has shown the good practical effect.Under such a condition, we deeply analyzed one important form of Internet finance, the P2 P model. We firstly analyzed the financial mechanism of supporting SMEs and the innovation channel from the point of theory, and then described the fact of P2 P development in China. Taking the typical case of A lending platform, which is a represent of the overlay model of credit plus mortgages, we empirically research the financial advantage and the successful experience of A lending platform. We further focuses on its existing problems, especially its risk control and management. At last, we provided some corresponding suggestions to support the development of the Internet finance for supporting SMEs. So this paper has am important theoretical and practical significance.