The Research On The Innovation Of Real Estate Financing Channels In China

As “New Kingdom Five” were introduced, the country for the begindevelopment of safeguard real estate industry, gradually increases the real estateindustry macro control efforts. On the one hand to curb speculation in the real estateindustry, on the other hand also resulted in real estate industry in the current financingdifficulties. The real estate industry as capital-intensive industry, funding is blood ofthe real estate industry, real estate industry healthy development is inseparable fromthe support of funds. Previous real estate developers can rely on the bank credits thefinancing channels to raise the necessary funds, but as the economic situationcontinues to change, the single financing channel gradually appeared powerless.21stcentury is the era of knowledge economy, innovation of business model has becomethe magic key for the competition among enterprises. Therefore, financing mode’sinnovation is the development of real estate enterprises and exciting power.This on real estate enterprise, and real estate enterprise financing, about conceptfor has defined, combined my real estate Enterprise current financing scale large, andfinancing difficult, and financing channels single, and long-term claims debt pressurelarge, status, respectively from internal environment and external environment twolarge aspects on caused my real estate enterprise financing status of effect factors forhas in-depth analysis, pointed out that internal effect factors main includinginformation not symmetric, and enterprise scale small,management system not perfect,and innovation consciousness Dim factors; external effect factors main includingnational policy, and financial systems, cultural attitudes, and so on. Among them,apart from the influence of traditional factors, weak innovation consciousness is an important factor restricting development of real estate enterprises. Hen an "CedarBank" company was established in a relatively short period of two years on ameteoric rise, rapid expansion of its size, the high-speed flow of funds, the explosivegrowth in contract customers, and the country joined the ongoing franchise, is reallystriking. The fundamental reason is that the company created a new fundingmode--"financial model-like". Based on the "financial model-like" introduction ofrelated theories and concepts with two traditional elements of comparative analysis ofreal estate financing, stating that "the financial model-like" not only on the scale offinancing costs, financing, duration of financing has certain advantages, but also infinancial terms, financing conditions, also has its own financing purposes offlexibility. Due to "financial model-like" as a new mode of commercial financing,inevitably there will be some risk in the utilization, some risk against the financingmodel is presented to the appropriate countermeasures.