Research On The Financing Lease Of Chinese Small&Medium Enterprises

The small and medium enterprise is an important force in the economic development of countries in the world. It has play a decisive role in the national economy status. In the background of the current global economic downward, small and medium enterprises need to overcome the various of difficulties in the development process, especially the problem of financing is an important factor to hinder the development of small and medium enterprises, the main reason is that the small and medium enterprise financing is relatively single, yet the financing lease is a better financing method in the practicability and the effect. But the development level of financing lease in China currently and the level of economic growth is not coordinated, so in the reality of China, it has not obtained the very good development.This paper aims to study the influencing factors of financing lease of domestic SMEs, to study the effect of financing lease in the financing process of SMEs, and to provide guarantee for the development fund of SMEs. This paper starts from the financing difficulty of SMEs which is based on the actual situation, at first studies the various of factors which affect the financing lease of SMEs, and analyzes comprehensively and deeply the subject behavior of the financing lease,explores the obstacles or stop factors in the application process of the Financing Lease of Chinese SMEs, and then seeks effective approaches to the problem of financing difficulty of Chinese SMEs resolved through financing lease. This paper is divided into seven chapters:the first part is the introduction. The content includes the research background, significance, literature review, research ideas and structure planning. The second part includes the related theory of financing lease., this section describes the feature, property, type and mode of financing lease, is the theoretical foundation of this paper, mainly lay the foundation for the later discussion. The third chapter analyzes the case to the financing lease of our SMEs, and then starts from restrictive factors of SMEs financing lease, based on the analysis of financing situation and advantage of Chinese SMEs, establishes an analysis framework. The backside discussions are all based on this framework. From the fourth part to the sixth part, deeply analyzes on the three key factors restricting the application of financing lease in the financing of the Chinese SMEs. Among them, firstly focuses on the innovation problem of the business model of the financing lease in the fourth part; the fifth part discusses the financing’s trading system of SMEs; the sixth part discusses the risk prevention and control of the financing lease of SMEs. Finally, the seventh part is the conclusion and the policy suggestion.This paper uses the research method which combines theoretical analysis with practice. Through the analysis draws the following conclusions:financing lease is an important channel for our SMEs to break through the difficulty of financing. The fundamental reason that restricts the financing lease of SMEs is the lack of corresponding system, supervision, the imperfect mechanism of risk prevention and control and the lack of innovation of transaction mode. A basic direction of the improvement of financing lease of SMEs in China is to establish the SMEs financing lease business model, trading system and risk control mechanism. Therefore, we must adjust the current policy, and create the suitable external environment for financing lease of SMEs, including the tax, credit, insurance and other supporting policies to give the full support; improve the financing lease guarantee system of SMEs; determine the supervision mode through legislation, end the multi head management situation; improve the related laws of the financing lease and standardize the subject behavior of financing lease trading, strengthen the self-discipline management; promote the innovation of the transaction model, promote the diversification of financing lease transactions, etc.. In order to solve the problem from the source of the financing lease of SMEs in the process, we need to absorb the valuable experience of the advanced countries in the world, not only to change the traditional ideas, jump out of the inertia thinking of the past, but also fully consider China’s national conditions and the present development of the reality, to find a path with Chinese characteristics suitable for the financing lease of Chinese SMEs. The innovation of this paper is mainly reflected in that aiming at the phenomenon of the financing difficulty of Chinese SMEs, on the foundation of investigating the success and failure cases of financing lease, summarizing the key factors preventing the financing lease of SMEs, and putting these key factors in a analysis framework to study systematically. The analysis framework is a logical structure of thought, it makes the study of the financing lease of SMEs to get rid of the limitation of the matter, and form a theoretical system of a logically consistent, which can help us have a deeper understanding of the problem. At the same time, due to the abstract reasoning, on the complex problems of financing lease of Chinese SMEs, so it is also a part indivisible of the innovative theory.