Financing Difficulties Of Private Enterprises In Shandong Province And The Credit Guarantee System

Private enterprises generally face difficulties in financing issues, base on the experiences indomestic and overseas, it is mainly because of difficulties in financing between the bank andthere is serious information asymmetry, while the credit guarantee will help improve the creditrating of private enterprises to overcome credit transaction information barrier is to solve theimportant problem of private corporate finance means. In this paper, all the data are based onthe researching on the private enterprises of Shandong Province in 2007 by ShandongDepartment of Finance, Bank of China branch in Jinan, Shandong SME office, it describe thefinancing difficulties status of Shandong private enterprises, based on this theory fromeconomics, institutional factors and private enterprises in terms of internal factors, the threecauses of difficulties in financing private enterprise is analyzed, this should be taken toestablish financial support system for risk control mechanism for active measures to improvethe credit guarantee system, to solve the problem of private enterprises to play a greater rolein financing .Thesis is divided into six parts:The first part of Shandong Province, the status of private economic development is analyzed.Combined in 2007 and Shandong Province Branch of Bank of China Jinan, ShandongProvince, the Office of SME within the scope of the survey results done on the status offinancing of private enterprises in Shandong Province were analyzed.Comparative analysis of the second part of the financing of private enterprises.The third part from the economic, institutional factors and business factors in the three aspectsof their own private enterprises because of difficulties in financing a theoretical analysis.Combined with the fourth part of the experience of foreign private enterprise credit guaranteesystem for the construction of some suggestions. In three specific parts analysis the currentstatus of financing of private enterprises in China.This study is based on previous theoretical studies based on the same time, Department ofFinance, Shandong Province, Shandong Province, Jinan, People's Bank branch offices andsmall and medium enterprises in Shandong Province, within the scope of the survey data isbased on the theory and practice closer combined to study the financing of private enterprisesin Shandong Province reasons for the difficulty. Shandong Province to accelerate thedevelopment of SME credit guarantee industry proposal...