The Solutions To The Small And Medium-Sized Enterprises Financing Difficalties

The small and medium enterprises (SMES), as the most vigorous dynamic economic organization, play increasingly important roles in the social economy in the fields of job creation, economic growth promotion, technology innovation and social stability. However, financing remains a nagging problem to them, which is growing more seriously during the recent years under the impact of global economic recession and arising concern among all sectors of society.Based on the research on SMES financing by scholars at home and abroad, this paper investigates the reasons of SMES financing difficulty and characteristics of SMES and financing, using theories like Credit Rationing Theory, Pecking Order Theory, Long Term Interaction Hypothesis and Enterprise Lifecycle Theory, and provides suggestions on solutions to deal with difficulty and obstacles through the author’s financing experience and practice in Fujian FT Communications Company.This paper proposes to solve the financing difficulties of SMES, from the business perspective, mainly from three aspects to discuss relevant countermeasures:the first is to strengthen the enterprise infrastructure. Through the standard basis for the development of governance, enhance corporate brand image, strengthening business action to enhance their image and strength. The second is to strengthen the financing goal programming. SMES to reasonable financing scale, appropriate to broaden the financing channels, and actively innovative financing methods to improve its efficiency and use of funds. Again is to create a harmonious environment for financing. By pushing the government to perfect the laws and regulations, innovative financing way, perfect guarantee mechanism, development assistance channels to increase government support for SMES, play the guiding role of the government; implementation of banking services to small and medium enterprises can play a great role and by deepening and bank credit cooperation.