Research On The Linkage Of Investment And Loan Of My Country's Commercial Banks

The scientific and technological tape of small and medium-sized enterprise with the characteristics of "light assets,high growth and high risk" have been difficult to obtain the investment of commercial Banks and venture capital institutions during the initial period,which makes the financing problem serious.The further development of the Internet financial and financial disintermediation,made in urgent need of innovation,commercial Banks expand the profit space.In this context,the mortgage linkage was born.The linkage of the loan has opened up a new way for scientific and technological tape of small and medium-sized enterprise,and it has provided a beneficial experiment for the transformation of the business bank's business.The linkage of investment and loan is a new mode for commercial Banks and equity investment institutions to provide financing services for scientific and technological tape of small and medium-sized enterprise,in the form of "creditor's rights" and "equity".Since the launch of the pilot unit in April 2016,the pilot Banks have achieved initial development,and the non-pilot Banks are also actively trying to lend and lend,and are expected to be the second batch of pilot projects.However,the initial trial water of the investment and loan is also subject to the problems of legal limitation,high investment risk and imperfect business mechanism.In this paper,based on the current situation of investment and loan linkage,this paper makes an advantage comparison and principal-agent model analysis,and analyzes the equity loan mode with Zhong Guancun bank as a sample.Secondly,by comparing the traditional credit business of commercial Banks,this paper introduces the uniqueness of the linkage of investment and loan in business examination and approval,guarantee,risk and management.And it is a reference to the fact that the American silicon valley bank and the British small and small business growth fund has been in the market,and it has been suggested that the business bank in our country should be able to use the familiar investment areas and identify themselves,and strengthen the cooperation of the venture capital institutions to meet the needs of the science and technology small and medium-sized enterprises in various stages of development,build Private Equity Fund with commercial banks as major investors.In the end,in view of the problems existing in the linkage of investment and loan,this paper puts forward some Suggestions on system design,risk management,equity withdrawal,business system,product service innovation and professional team,it can promote the investment and loan linkage with the effective and effective operation.