Research On Financing Problems Of SMEs From The Perspective Of Private Lending

The existing financial system cannot meet the demand of small and medium-sized enterprise's capital in financial markets.Financing difficulties has become one of the main problems which restrict the development of small and medium-sized enterprises.Private lending has become one of the main ways to solve the financing difficulties of small and medium-sized enterprises.However,due to the increase of national macro-control efforts and the implementation of the progressive monetary policy,small and medium-sized enterprise is confronted with financial repression,which deepens the supply and demand contradiction.Based on this,this article from the perspective of folk lending analyze the problem,which hopes to discovery new problems and to solve the small and medium-sized enterprises with the development of some practical suggestions.This study reviews the concept of private lending,small and medium enterprises,which describes the current status of SME financing and analyzes the status and characteristics of China's private lending.And then that analyzes the causes of private loan financing of small and medium-sized enterprises,especially demand characteristics of small and medium-sized enterprise financing such as the production of business financing needs,the investment of financing needs,the lending of financing needs.Further analysis of the folk debit and credit of our country small and medium-sized enterprise is from positive and negative side effects including to broaden the financing channels,the more flexible and econvenient form,rich folk capital and capital allocation.Negative effects are our country small and medium-sized enterprise in high interest rate loans,debit and credit risk.Finally,taking Wenzhou city as an example to discuss the method of avoiding the risk of private lending of small and medium-sized enterprise,which puts forward two system innovation that the innovation of private lending registration system and the release of rate index.At last,the article puts forward the advice: the corresponding effective policies and measures should be adopted to regulate and guide the private lending market.We must fully use the advantages of private lending and effectively avoid and eliminate disadvantages,so as to promote the healthy and sustainable development of the small and medium-sized enterprises in our country.