The Research On Improving And Consummating Financing Models For Small And Micro Enterprises Of MC Bank

The financing difficulty is a common problem in the development of small & micro enterprises around the world,and it is also the leading factor to restrict the development of small & micro enterprises.In recent three decades,tens of millions of private small micro enterprise,in China,have mushroomed rise rapidly,and quickly become an important force to China's economy.Small and micro enterprises absorb employment of urban population and rural migrants of around 75%,and the contribution rate of GDP is more than 60%,and the contribution of the tax rate is more than 50%.Meanwhile,small µ enterprises actively response to the policy,aggressive innovation,so that 65% of the patents and products development 80% are from them.Under such a circumstance,the small and micro enterprises financing difficulties have attracted wide attention,and become a hot discussion from all walks of life.Chinese micro finance which has been lifted out of poverty plays an important role in micro and small enterprises to provide regular and modern financial services in economic growth.And indirect bank financing is one of the China small and micro enterprises the main exogenous financing channels.MC bank,as an important representative of the joint-stock commercial banks,plays a positive role is in small and micro enterprise financing process.This study which belongs to optional research topic helps MC banks to fulfill their social responsibilities,to achieve business transformation and adjustment of competitive strategy,and it helps MC bank to pull deposit and improve efficiency,control risk effectively,improve asset quality,and be convenient for small and micro enterprises to solve the current financing problem through bank financing mode.The paper introduces the concept and features of small and micro enterprise,also give a detailed description on the definition and illustration of small and micro enterprises financing.It also provides financing services theory for small and micro enterprises from credit rationing,transaction cost,commercial bank market positioning angles.To know MC bank current situation of small and micro enterprise financing mode,this paper discusses its financing mode for small and micro enterprises in detail,namely the target market financing mode,promoting products financing mode and the financing mode of mass marketing so that find the common problem.Taking MC bank's Luoyang branch as an example,and small and micro enterprises' loan financing products as the sample data,The paper discovers that MC bank for small and micro enterprises year loan number and small and micro enterprises' scale,the total number of employees have positive correlation.And year loan number is negatively related to small and micro enterprises debt-to-asset ratio,the establishment age,at the same time,this paper fails to explain the rate of return on net assets and small and micro enterprises year new loans have relationship.Finally,the paper puts forward the policy recommendations about MC bank for small and micro enterprises to provide financing service.That is,they should strengthen the construction of credit system,perfect risk control mechanism and pricing mechanism.The paper also optimized design of MC bank's existing three kinds of main small and micro enterprise financing mode,and put forward the innovative SOT small and micro enterprises financing mode,hoping to provide small and micro enterprises financing business of MC bank,and reference to improve the financing mode.The research on the small and micro enterprises financing mode provided by MC bank is still insufficient,and it should be further discussed in the future study.