Risk Financing For SMEs

Today, Small-and-mediun-sized enterprises (SMEs) in Chinese economic position is very important for the rapid growth of the national economy,which has made tremendous contributions. According to statistics, the number of Chinese SMEs became 42 million in 2014, the total production value creation of SMEs beyond the large enterprise. However, their production scale, property structure, financial system stability and operation management level there is a significant gap between SMEs and large enterprises, there are many problems and difficulties in the process of financing, which will hinder its further development and growth. Therefore, we continue to discover and improve their own shortcomings while SMEs, the need to focus on strengthening SME financing risks for management studies. By studying financing risk management and financing risk control strategy, hope to achieve the sustainable development of SMEs and improve the core competitiveness of SMEs help.By drawing on SME financing research literatures risk theory, financing risk control theory summarized, combined with the actual situation of SMEs financing WL plant research. Through the collection of relevant data and WL plant data, by using literature review, expert surveys, analysis of financial statements for internal and external financing risks existed WL plant identification, identify internal risks include: operational risks, liabilities the size of the risk, debt maturity structure of risk, internal control risk, risk financing decisions; external risks include:financial market risk, macroeconomic risk, legal risk policy, debt interest rate risk, liquidity risk capital. Recycling Analytic Hierarchy Process (AHP) to influence WL factory financing risk assessment, evaluation of different risk factors on WL plants affect weight, and finally targeted to WL plant proposed to control its financing according to affect the right of each financing risk weight sorting risk measures, specific measures:First, to strengthen the financing decision WL plant management, and second, to improve the management level WL plant, the third is to establish the liability structure of science, four is to broaden the financing channels WL factory, and finally improve the WL factorv financing environment, including banks and other financial institutions as well as government support and improve the capital markets improve.