Practical Research On The Financing Innovation Of SMES

Since the establishment of People's Republic of China,China has made remarkable achievements in economic development.China's sustained economic growth depends on the role of small and medium enterprises.Due to the low level of small and medium-sized enterprises(SMEs)organization structure,the single production mode of operation,the fuzzy internal management responsibilities,lack of the ability to respond to external changes quickly,the large deviation between its actual production forecast and the plan,the characteristics of the high flow efficiency for the employees and other similar characteristics,the uncertainty of their management is more serious,which resultis in the general situation of financing difficulties of SMEs,hinders the healthy development of SMEs,and then affects the small and medium-sized enterprises to play a greater role in the national economy.However,small and medium-sized enterprises play an important role on our national economy,which all recognize clearly,and the problem of solving the financing difficulties of small and medium-sized enterprises is unavoidable.Not only the developing countries including China but also the developed countries try their best to solve this problem.To a great extent,our country learning from the foreign countries to solve the financing difficulties of small and medium-sized enterprises,which is an effective way.It has formed a traditional financing system which includs relationship lending,private banking,commercial credit,gem financing and other specific ways of financing.However,considering that the huge difference between small and medium-sized enterprises at home and abroad,as well as the rapid change in today's economic environment,We must to do corresponding adjustment and innovation to the financing models,in order to maximumly solve the financing difficulties of small and medium-sized enterprises under the economic environment of socialism with Chinese characteristics,to escort the development of the small and medium-sized enterprise and ultimately to give full play to the important role in China's national economy.Under the comprehensive understanding of the status quo above the main purpose of this paper is as follows: to analyze the system including enterprise credit system which is used to dealing with the financing difficulties of small and medium-sized enterprises and the realistic changes which are due to the development of national economy and the great changes of the living environment of small and medium-sized enterprises for the SMEs financing difficulties in a long time to reevaluate financing cost in various financing channels and its feasibility in order to provide the best scheme to change the financing difficulties for small and medium-sized enterprises and to discusses some financing mode in the new era at the same time such as Internet banking and so on.According to currently paying more attention to theoretical research on the subject,this article will take Tianjin Zi Ting Import & Export Co.,Ltd,a common enterprise,for example to analyse the actual financing difficulties and to make practical research on the financing innovation of SMEs.I hope to provide practical reference to help more SMEs to break through their own financing difficulties.