Research On Financing Dilemma Of Shihezi Small And Micro Enterprises

With the continuous development of our country's economy and society,our country's small and micro enterprises have achieved considerable development.At the same time,they have increasingly become an indispensable part of China's market economy.Small and micro enterprises in various industries have supplemented many blank areas in the economic field of our country,which has brought great convenience to residents' production and life,injected vitality into our economy,and promoted local social stability.In the area of Shihezi,small and micro enterprises effectively supplement the blank areas of the Shihezi region,providing a large number of jobs for local residents,which is an important guarantee for the local economy and social stability.However,behind a large number of economic contributions,the difficulties of financing for small and micro enterprises are hidden.When small and micro enterprises in Shihezi are financing,they often face problems such as complicated procedures,long deadlines,and high interest rates.The government's policies in this area are not targeted.Therefore,how to promote the scientific interaction of enterprises,governments,and banks in the financing process of small and micro enterprises has been an important issue.Based on a review of the domestic and foreign financing theories of small and micro enterprises,this paper conducts a detailed survey of the current status and financing of local small and micro enterprises in Shihezi through questionnaire surveys,and details the specific features of the financing difficulties of small and micro enterprises.Through analyzing,it is found that local small and micro enterprises in Shihezi are characterized by short operating time,extensive management methods,strong family atmosphere,and low industrial level.In the process of financing,these small and micro enterprises often face problems such as high overall financing costs,long financing periods,and too few financing channels.At the same time,this article takes the case of " Mengfeng " and "Shuangqiang" company's specific operations and financing,and conducts case analysis from both positive and negative sides.It elaborates on the specific financing process of the company and draws lessons from its experience and lessons in the financing process.In-depth understanding of the specific difficulties faced by small and micro enterprises in financing,and considering that the cause of the financing difficulties of local small and micro enterprises in Shihezi lies in the relatively poor management and operation level of the enterprises,the disconnection of relevant financial products of the banking financial institutions from the actual situation,and the government's Policy support is lack of pertinence and implementation.Based on the above analysis,we put forward measures and suggestions for promoting the financing of small and micro enterprises: Small and micro enterprises should strengthen their own construction and improve their financing capabilities;banking financial institutions should scientifically innovate products and models to improve the capacity of “foreign aid”;the government should improve the mechanism and improve the level of financial services.In this way,a multiparty financing mechanism will be established on the basisof interaction among all parties to ensure the financing environment for small and micro enterprises and solve the financing difficulties of small and micro enterprises.