Study On Credit Guarantee Of SMEs Financing

Lack of finance and guarantee is a common problem of small and medium size enterprises(SMEs) in China, credit guarantee is an efficient instrument to them. Based on the analyzing of the finance mediums and problems, We consider it is vital for the SMEs to establish the system of credit guarantee in the paper. The paper also focus on discussing the operation framework of credit guarantee for the SMEs. We deeply analyze the characteristics of our country's SMEs , especially taking SMEs credit guarantee institutes in Hubei province as the case analyzing in the paper. We compare the characteristics of credit guarantee system with other countries, and present the suggestions about establishing a sustainable credit guarantee system for SMEs in China.The paper has five chapters. The structure and main points are summarized as follow:1. Analyzing the main reasons of financing difficulties and expounding the necessary to establish credit guarantee system of SMEs in our country.2. Introducing the basic concept, characteristics and function of credit guarantee. Through the introduction of organization system, the law relation, funds operation and operation systems of credit guarantee, the paper discuss the general operation framework of the credit guarantee.3. Introducing the experience of credit guarantee industry of other countries, such as Japan, the United States and Austria, as well as the inspiration from them.4. Analyzing the practice situation of SMEs credit guarantee in our country. Trying to give some useful advices on how to develop Chinese own SMEs credit guarantee considering the present condition and major problems.5. Case analyzing: Introducing the present operation situation and existing problems of SMEs credit guarantee institutes in Hubei province and trying to present some useful counter-measures.