Research On Small-Micro Enterprises Financing Promblems Based On Private Capital

More than90%of Chinese enterprises are Small and micro enterprises, and they make a great contribution for the promotion of China’s economic development. Also they play an important role in providing employment opportunities, increasing income, increasing national revenue and technological innovation and other aspects. But because of their own small scale, lacking of credit history and lacking of collateral and other reasons, also their loans have the features of "short, small, frequent and urgent", these will increase the cost and risk for banks, so the banks refuse to provide loans for small and micro enterprises, few small enterprises can get bank loans. Small and micro enterprises have been plagued by the problem of financing, it hinders the growth of Small and micro enterprises. But on the other hand, the growth of economic improve people’s living standards, people have a large number of idle funds in their hands. While the private capital doesn’t have a good place to go to, some people invest it into real estate, gold market and money trading; these all show that private capital wants more profit. Recently, government and researchers began to study on these two issues. How to guide private capital to solve the problem of small and micro enterprises financing attracted the attention of the government and the majority of research scholars.This article is focused on how to use the net platform financing to introduce the private capital to small and micro enterprises, it will inject vitality into small and micro enterprises, and the article will make a study on the credit risk in the financing process. The first half of the article is mainly about the research on the status of small and micro enterprises and private capital, and analyzing the feasibility of the introduction of private capital for small and micro enterprises. Then the article makes a research on the existing network financing model and its feasibility, and combines with the background of the small and micro enterprises and private capital, then puts forward the P2B new model for network financing, which use the private capital to solve the financing difficulties of small and micro enterprises net through the platform financing. In the research on the new model of network financing, the problem of credit risk from the network financing received much attention. In the latter part of the article, it is mainly about the problems of credit risk. Through the study on the index system of credit risk evaluation of large rating agencies, and combining with the characteristics of small and micro enterprises and network financing to add or delete perfect to build a credit evaluation index system for small and micro enterprises on network financing. Subsequently, basing on the index system it builds a credit risk assessment model on network financing for small and micro enterprises, which use neural networks, and then use the Matlab tools to show the rationality and stability of the model. In the last, make relevant policy recommendations for existing problems and outlook research prospects.