Research On The Problems Of The Small And Medium-sized Enterprise Financing Guarantee

The sma ll and medium-sized enterprise financ ing guarantee is an effective way to alleviate the financ ing gap of SMEs’. It plays an important role in the promotion of sma ll and medium enterprise credit leve l, increasing the loans of SMEs and sharing credit risk with the bank. But it is found in the survey that the function of China’s guarantee has not played its due role. The financ ing diffic ulties of SMEs still exist. Thus to research the problem of SMEs’ financing guarantee in our country, and to explore a set of complete system for SMEs’ financ ing guarantee has a great significance to promote the developme nt of the guarantee institutions and SMEs in China.By adopting the research methods of literature induction, comparison and the combination of normative analysis and empirica l analysis, this paper ma inly studies the follow ing content: Firstly, this paper summarizes the ma in points and theories of financ ing guarantees in the domestic and fore ign countries. Secondly, it discusses the current situation of China’s guarantee industry. The financial data in 2013 of twenty-one guarantee agencies in Jiangsu province has been ana lyzed by the method of least square and multiple linear regression ana lysis. Then this paper studies on the effic iency of China’s guarantee institutions in the running process and the proble ms of it. Fina lly it puts forward the suggestions to solve the problem of sma ll and medium-sized enterprise financ ing guarantee by combining the successful experience of fore ign deve loped countr ies and our Taiwan area.In view of the above ana lysis, this paper has come to the follow ing conc lusions: The first one, our guarantee institutions has the problems of the shortage of guarantee fund, the high guarantee risk and the narrow guarantee business, whic h has hindered the hea lthy development of guarantee agenc ies. The second one, our country should vigorously deve lop the commercia l and mutua l guarantee institutions. To use polic ies to guide the deve lopment of the commercia l guarantee agenc ies, and ma ke it become the leader of our financ ing guarantee industry. The third one, to establish a guarantee system which can keep pace with the times by improving the mechanism of risk diversification and the credit rating system and the cultivation of professiona l talents. Thus to promote the reform and deve lopment of the financ ing guarantee system in China, and to promote guarantee institutions to better play the role of supporting the financ ing of sma ll and medium sized enterprises.