The Empirical Analysis Of The Current Situation And Influencing Factors Of Small And Micro Enterprises Financing

With the rapid development of China’s economy and the improvement of small and medium-sized enterprise development environment, the development of small and micro enterprises in China has been developing rapidly, and has played an important role in promoting economic growth, increasing employment opportunities and optimizing economic structure. With the rapid growth of small and micro enterprises in our country, capital plays a more and more important role in the management and development process. On the other hand, small and micro enterprises are affected by many factors, which makes it difficult to obtain the required funds, which restricts the development of small and micro enterprises to a certain extent. Based on the small and micro enterprise financing to promote macroeconomic development and the protection of social employment level of important contribution, so small micro enterprise financing problem has come from the national government level and the micro economic individual wide attention. Effective financing of small and micro enterprises is a necessary condition for the growth of small and micro enterprises, but also the key to promote the development of social economy. Therefore, the research on the financing of small and micro enterprises has become an urgent and valuable research topic. From the perspective of improving the financing difficulties of small and micro enterprises, the problems and solving strategies are studied. The theoretical understanding of the financing problems of small and micro enterprises, and the practical situation of small and micro enterprises financing in Zibo city and even the whole country. Based on this, this paper takes the financing of small and micro enterprises in Zibo city as the research content, in order to give full play to the functions of financial services, promote the development of small and micro enterprises for the purpose, to analyze the existing problems and Countermeasures for the main line.In this paper, we use the proposed problem-Analysis of the problem-to solve the problem of research ideas, the article is divided into five chapters, and the use of descriptive, normative, empirical research methods, such as small and micro enterprises in Zibo. Firstly, this paper defines the concept of small and micro enterprises, the main object of this paper, the factors of small and micro enterprises, the development of small and micro enterprises, and then combined with the existing problems of small and micro enterprises in Zibo, and then to solve the problems of small and micro enterprises financing service. Through this study, the research conclusions are as follows:(1) small and micro enterprise asset size has small impact on the financing of small and micro enterprises. Small and micro enterprises with small size, low barriers to entry, set speed, the number of large, all over the business, but its high operating risk, the average life expectancy is shorter, and in such conditions, financial institutions have to consider the problem of bad debts caused by the insolvency of the debt, which makes it difficult to obtain sufficient funds through external. For this purpose, small and micro enterprises should strengthen their financing capacity; (2) small and micro enterprise profitability has weak impact on its financing. In reality, the financial institutions of small and micro enterprises financing requirements, the need for its profitability, operating income and other strict audit, and small and micro enterprises and large and medium-sized enterprises, small and micro enterprises weak profitability, debt service risk is also an indisputable fact. So in a certain extent, small and micro enterprises unable to meet higher requirements of loans from financial institutions, the bank loan policy for small and micro enterprises to their own conditions become useless. To this end, financial institutions should speed up the credit varieties of innovation; (3) small and micro enterprise security capabilities of the impact of its financing. In fact, small and micro enterprise security assets less is an indisputable fact, which makes it difficult to obtain more funds through asset guarantees, thereby affecting its financing, resulting in financing problems. For, Zibo small and micro enterprises, precisely because of its lack of security capabilities, can not meet the requirements of mortgage, making it difficult to finance, can not get enough loans. To this end, we should establish a joint credit system of small and micro enterprises; (4) financial support policies for the country and the bank has a weak impact on the financing of small and micro enterprises. Because of our country’s economic system and policy reasons, China has not yet fully open the door to the small and micro enterprises, and its fundamental policy support for the financing of small and micro enterprises can not fully meet the reasonable needs of small and micro enterprises. Throughout the existing policy, the government and financial institutions in the introduction of small and micro enterprise financing policy coverage is very narrow, and most of the policy is lack of substantive support for small and micro enterprises financing, and its supporting service policy is relatively serious phenomenon, which to a certain extent, inhibit the financing of small and micro enterprises. To this end, the state should improve the financial, insurance and other supporting policies for small and micro finance.