Financing Dilemma Of Small And Medium-sized Enterprises

The small and medium-sized enterprise has been an integral part of the national economy and made great contributions to it.But at the same time,the financing situation of the small and medium-sized enterprise does not match to its status and role in the national economy.Financing difficulties has become the biggest bottlenecks of the development of the small and medium-sized enterprise.In this paper,at the base of the discussions of financing situation of small and medium-sized enterprise,it presents the reasons for the financing difficulties of the small and medium-sized enterprise.The parties have seek to alleviate or even solve the financing problem of the small and medium-sized enterprise in the macro level such as system, policy and so on.This paper puts forward the concept of the supply chain financing from the point of the day-to-day transactions standing on the micro-perspective.It select from the supply chain perspective to study the financing problems,breaking through the restrictions of looking for the solutions only from the perspective of the small and medium-sized enterprise.As a new financing model,supply chain financing provide financial services for companies in the supply chain around the structure and transaction characteristics of the supply chain.In this financial model,it overcomes the defects of the traditional financing model, enhances the availability of credit financing,alleviates the funds stress of small and medium-sized enterprise effectively from a new perspective.On the basis of discussing the definition,characteristics and significances of supply chain financing,this paper further elaborates the specific operation of supply chain financing.It makes the focus of analyzing the self-liquidating trade financing and the trade credit financing.No matter what kind of supply chain financing methods,no matter the perspective from which to obtain financing funds,supply chain financing is a good financing options and it can solve funding problems for small and medium-sized enterprise to a great extent.In view of the using problem of supply chain financing for small and medium-sized enterprise,this paper brings forward the corresponding countermeasures. At the end of this paper,it discusses the use of the trade credit in the transaction process and the benefits of the trade credit through case studies.