The Research On The Influence For SME Financing By The Bank-Enterprise Relationship

At present,the small medium enterprises(SME)in our country develop rapidly,the Shenzhen stock exchange launched the SME board in 2004,at the same time the growth of SME which has less than fifty thousand total share capital and thirty million outstanding shares obtained public financing opportunities.By the end of 2015,the amount of initial financing has raised up to 444.37 billion yuan,the listed companies has reached up to 770.SME has play more and more important role on promoting economic growth,creating jobs,increasing revenue and transferring surplus labor's,and has made important contributions to our country economic development.By the end of 2015,SMEs accounted for more than 90% of the total companies which have contributed more than 60% of GDP,paid for nearly half of total taxes.The 80% of resident employment rates rely on SMEs in economic growth,but SMEs only occupy less than 22.5% of the financial resources,there also remains loans problem.Now,the research on the financing influence from bank-enterprise relationship shows that,the better bank-enterprise relationship would promote SME credit financing.The text utilizes the data of SME in ShenZhen stock exchange before 2011,explores the influence between bank-enterprise relationship and Loan availability and cost,analyzes how to strengthen the relationship between them from all aspects.And how toget bank credit,then solves the financing difficulties of SME.In practical terms,firstly,the text analyzes the present financing situation of SME;secondly,discusses the situation and development history about SME's bank-enterprise relationship;once more,through the construction of regression model,analyzes the SME's bank-enterprise relationship in an empirical way,and answer the 3 questions.Number one,the bank-enterprise relationship's influence to SME.Number two,the bank-enterprise relationship's influence to loan availability.Number three,how the regional difference of bank-enterprise relationship influence the SME'S credit financing.Finally,depending on the empirical analysis and economical situation,supply the constructive suggestion to constructing the better bank-enterprise relationship with SME,and promotes financing effectively.