Analysis On The Financing Dilemma And Solutions Of Small And Medium-sized Enterprises

At present,small and medium-sized enterprises in China have become an important pillar of the national economy after considerable development.However,due to its own shortcomings and many factors of the external environment,many problems have been encountered in the process of development,especially the financing difficulties.Based on this,this paper takes Qingdao Jindun Petrochemical Group Co.,Ltd.as an example to analyze the financing situation and unreasonable phenomena of small and medium-sized enterprises in China,and put forward corresponding solutions and suggestions.On the basis of defining the related concepts and theories of SMEs' financing management,this paper first analyses the financing difficulties and causes faced by SMEs.There are four main difficulties in financing: less financing channels,insufficient credit support,asymmetric information between financial institutions and enterprises,and imperfect laws and regulations.The reasons for the difficulties of SMEs financing are as follows: the government's support for SMEs financing is low,the financial system and guarantee system are not well established,the financial market is not developed,and the level of enterprise management is not high.Secondly,taking Qingdao Jindun Petrochemical Group Co.,Ltd.as an example,the paper analyses its financing situation and finds that the reasons for its financing difficulties are: single financing channel,small proportion of free funds,a series of problems caused by private lending,failure to establish a good cooperative relationship between banks and enterprises,financial management in a mere form,and human resources level.Waiting for promotion.Thirdly,taking Jindun Petrochemical Group as an example,the paper puts forward that the solutions for SMEs to get rid of financing difficulties are: innovating financing methods,revitalizing fixed assets,improving management level,building good bank-enterprise relationship,making effective use of brand financing,Introducing Venture capital,etc.Finally,to solve the financing problems of SMEs and promote the rapid development of SMEs in China,it is very difficult to achieve it only by relying on the strength of SMEs themselves,but also by the joint efforts of the government,financial institutions and other parties,such as the government to strengthen the financing policy support for SMEs,accelerate the credit construction of SMEs,and help enterprises.Innovative financing tools will be introduced into the industry,and financial institutions will improve their service level.