Private Enterprises' Financing Dilemma And Outlet

Since the implementation of the reform and opening-up, Private enterprises have made vigorous and rapid progress.They have given a strong push to the socio-economic development in our country,making them the important Micro-economic subject of market economy in our country.With the development and growth of private enterprises, there is an increasing need for the capital.However,affected with various factors,private enterprises' demand for capital is often difficult to be met,thus falling into financing dilemma.In order to enable private enterprises out of this predicament as soon as possible,on the one hand,the theorists have conducted the massive research and proposed some countermeasures;On the other hand,our government has placed it on higher agenda and introduced on separate occasions a series of important measures so that the financing pressure on Private enterprises has been alleviated.But the problem has not been fundamentally resolved.Therefore,the research that we analyze the causes of private enterprises' financing dilemma and explore the outlet out of private enterprises' financing dilemma has extremely important theoretical and practical significance.Firstly,the paper reviews the related classical theory of enterprise financing;Secondly,I introduces private enterprises' present financing situation and elaborates Private enterprises' financing dilemma from the financing environment,the financing structure,the financing channel aspects;Thirdly,I analyses the reason of Private enterprises' financing dilemma from the enterprise itself,the capital market,the financial organization,the financing ways, the financing services system;Finally,I proposes the countermeasures to get rid of Private enterprises' financing dilemma:First,we must promote their own quality,enhances the internal financing capacity and improves the external financing environment;Second,we must improve the capital market facilitates direct financing for private enterprise; Third,we should intensified credit support of financial institutions for private enterprises and improves its indirect financing;Forth,we must broaden the financing channels for private enterprises to finance further "open source";Fifth, we should improve a sound system of financing services for private enterprises provides guarantees for the financing smoothly.