The Financing Problem Of Small And Micro Businesses In JiangXi Province And Countermeasure Research

Small and micro enterprises are vital forces of the national economy and play an extremely important role in steady growth,employment expansion,innovation promotion,market prosperity and meeting the needs of the people.Small and micro enterprises have the following salient features: small size,light assets;business fluctuations,weak anti-risk ability;corporate governance mechanism is not perfect.There is a clear conflict between the above characteristics and the basic risk management concept of "sound financial system,stable cash flow expectation and sufficient collateral" of commercial banks.In order to effectively cover the risks,banks have generally raised the lending rates of small and micro enterprises in different degrees,aggravating the burden of small and micro enterprises,resulting in the widespread financing difficulties and high financing costs for small and micro enterprises.In recent years,the Central Party Committee,the State Council,the People's Bank of China and the China Banking Regulatory Commission have successively issued a series of guidance on supporting the financial services of small and micro enterprises,stressing the importance and urgency of financial services for small and micro enterprises,putting forward specific and concrete claim.In this paper,we use the literature research method,interview research method and comparative analysis method respectively to sort out the related theories of credit business of small and micro-enterprises.We collect and analyze data on the credit business development of small and micro enterprises in Jiangxi Province.Through surveys,direct interviews and other forms,we conduct a financing visit of small and micro enterprises in Jiangxi Province.At the same time,based on the actual situation of financial services for small and micro enterprises in Jiangxi Province,learning from the policy experience of other countries and regions' financial services and the latest achievements in theoretical research at home and abroad,we provide a reference by putting forward the solution to the financing difficulties of small and micro enterprises.This article analyze financing expensive issues in small and micro enterprises from the bank's point of view and from the perspective of specific business operations,at the same time putting forward some suggestions to solve the problem.First of all,we analyzed the status quo of small and micro enterprises in Jiangxi Province.As of the end of 2016,there were about 500,000 small and micro enterprises in Jiangxi Province,accounting for more than 90% of all enterprises.There are five problems in the development of small and micro enterprises in Jiangxi Province: small and micro enterprises have their own defects,lack of effective communication,limited financing channels,inadequate implementation of policies and insufficient effective support.Secondly,the paper analyzes the status quo of the development of small and micro enterprise credit business in Jiangxi Province,mainly using the data gathered and collated to analyze the credit business development of small and micro enterprises in Jiangxi Province,the acquisition rate of small and micro enterprises,the situation analysis of loan interest rates floating.Next,we analyze the small and micro enterprises financing difficulty from the perspective of the Agricultural Bank: business line of thinking,access threshold issues,business process issues,business assessment issues,professional team building issues.In terms of the financing cost of small and micro enterprises,we discussed that the small and micro enterprises' financing is expensive,the high cost of their own loans for small and micro enterprises,and the high cost of providing loans by banks.After that,we put forward suggestions on alleviating the financing problem for small and micro enterprises: meet the market-oriented interest rate needs and lay a solid foundation for development,attach importance to the credit business of small and micro enterprises in financial institutions;differentiate the small and micro enterprises and implement differentiation credit policy and appropriately lower the access threshold;optimize the business process of small and micro enterprises,establish and perfect a scientific credit investigation and rating system;optimize the evaluation of lending business of small and micro enterprises and establish the matching of right and liability.Besides,the financial institutions should set up professional business units for small and micro enterprises to strengthen the building of a contingent of professionals,establish a perfect interest rate pricing mechanism for small and micro enterprises,reduce intermediate links and charges,truly benefit small and micro enterprises.Finally,we put forward suggestions to improve the financing environment for small and micro enterprises: clear the connection channels between the financial sector and economic agents effectively,form a good policy transmission mechanism,attach great importance to the construction of credit environment,optimize the construction mechanism of financial ecology,reduce the cost of serving small and micro enterprises and establish an efficient service system for small and micro enterprises.