Research On P2P Network Lending And Financing Of SMEs

SMEs is the important component of the national economy, involving the national economy each industry in our country, in the development of economy, to absorb employment, technological innovation and the construction of a harmonious society and so on has made the outstanding contributions. According to the ministry statistics show that, as of April 2015, the number of (micro), SMEs in China reached 66.6 million, accounting for 99% of the total number of national enterprises, these enterprises provides our country with half of the tax,60% of GDP,70% of the invention patent, and 80% of jobs. However, due to its internal management is not standard, good faith consciousness itself is not strong and perfect financial system and external financial institutions reason, a considerable part of the small and medium-sized enterprises is faced with severe environment, the financing predicament is one of the major bottleneck hindering the development of the it, this is also a global, universal problem.Since Paipai credit platform was established in 2007, P2P network lending has been rapid development in China, by 2015 the P2P lending turnover was 1.18 trillion yuan, operating platform has amounted to 2515. Lending to P2P network platform, effectively reduce transaction costs and asymmetric information for SMEs in the process of financing, can make the SMEs from the abundance of idle private capital for the funds required for the production and business operation, effectively solves the problems of financing difficulties of small and medium-sized enterprises. At the same time, the P2P lending as a new financing model, its development also is the good and bad are intermingled, there are a lot of risks; Frequent problem of P2P platform, making the industry is in the key regulatory objects, from the barbaric expansion to rational development. How in the premise of compliance effectively guard against all kinds of risk and enhance the support for SMEs financing is a very worthy of research topic, and are helpful for P2P industry and SMEs.Because of this, based on the P2P network lending support to small and medium-sized enterprise financing research topic selection, based on the theory of transaction cost, information asymmetry, etc, the study of P2P lending industry, analyses its role in the support of small and medium-sized enterprise financing as well as the risk and problems, and carried on the discussion in group lending network platform as an example, then discusses other British P2P lending in the application of small and medium-sized enterprise financing and enlightenment, and finally, Suggestions to consummate the P2P lending support from various angles of small and medium-sized enterprise financing policy Suggestions.