Study Of The Sme Credit Guarantee

Small and medium-sized enterprises are important sections in Chinese economic system and play a special role which can not be substituted by large-sized corporations. But at the same time, we must be aware that a variety of shortages inhered in SMEs restrict the normal growth of SMEs. The most evident embarrassment is lack of capital and financing problem , particularly in the West. Through analyzing realistic conditions and approaches in SMEs financing, we have discovered that the effective means for resolving the problem is establishing the SMEs credit guarantee system refer to the international traditional practice. The selection of the subjects for this article is just based on this issue of practical significance.The article is according to the logical thinking of expatiating the general picture of the SMEs credit guarantee system and the operation mode,Comparing and analyzing the characteristics of various system and operation mode, constructing and perfecting SMEs credit guarantee system in the west. Firstly ,the essential warranty and theoretic framework of SMEs credit guarantee system are elucidated. Secondly, through comparison, analyzing and using home and overseas' practical experience, particularly in SMEs credit guarantee institution in the east for reference. According to the exterior environment and development rule in the west, the fundamental operation framework and system of the SMEs credit guarantee institution in the west are designed. Lastly, risk control and credit management regarded as the emphasis and difficulty in system are relatively analyzed and detailed solving approaches are put forward. The whole article is composed of 6 chapters.Chapter One discusses briefly status and function of the SMEs ,as well as practical financing plight and causation. At the same time,Chapter One affirms the significance of studying the SMEs credit guarantee system and points out the investigative think, means, object and emphasesof the whole article.Chapter Two expatiates in detail the elementary framework and operation mode of the SMEs credit guarantee system in our country. Section One gives policy warranty and fundamental principle of establishing the SMEs credit guarantee institution. Subsequently the current organization of the SMEs credit guarantee system, the source of capital and the fundamental function of the SMEs credit guarantee system are given in section two. Section Two gives the definition of the involved inscape in guarantee operation mode . Section Two earnestly discusses the essential composition and operational practice mode in the SMEs credit guarantee system in our country. The discussion contains the operational and managing mechanism of the guarantee capital, the compensatory mechanism of the guarantee capital, the participation mechanism of the risk and the cooperation mechanism with the banks.Based on the theoretic warranty and policy discussed in Chapter Two, Chapter Three analyzes the practical mode of the SMEs credit guarantee system. Section two emphasizes on the type mode of Shanghai and Shenzhen to discuss, and summarizes the successful aspects and the virtues of the two type mode. In succession with a view to any other country , the experience and measures of establishing the SMEs credit guarantee system in the USA, Japan and the EU are introduced. All of these will be used for reference to discuss how to construct the western SMEs credit guarantee system in the subsequent chapter.From Chapter Four to the finality ,the main IDEA of THIS article will be studied intensively. Chapter Four firstly summarizes the actuality of the western SMEs credit guarantee system and compares the western guarantee system with the eastern guarantee system from static state to dynamic state, quantity to configuration. After the front presentation and comparison ,section two seriously analyzes the problems in the western SMEs credit guarantee system including the absence of the capital and the compensatory mechanism, the delay of the cooperative banks and of the...