The Research On Financing Problems Of SME In Henan Province

With rapid development of economy in China,small and medium enterprises in the economy of China important position and role of an increasingly manifested in China's national economy has become an indispensable and important component of their development can not be replaced with a state-owned large and medium enterprises particularity. SME as the domestic market,the most fundamental dynamic force in promoting China economic growth and the people with employment and re-employment,also play a very important role. Clearly,SME have become the national economic growth and coordinated operation of the basic strength of the national economy is also an important foundation for healthy and harmonious development of,or an important guarantee for social stability. However,SME in China financial markets only account for their status disproportionate market share,financial institutions,to small and medium enterprises can not provide adequate financial support.SME financing environment has improved in China,but still can not meet the requirements for financing SME development. Given that the SME is a new development of China's economic growth point,while the difficulties in financing has become the primary problem restricting the development of SME,this article in this context,the issue of SME financing in Henan province related research.The study include the following aspects:(1)Analysis of financing small and medium enterprises in Henan Province. In this study small and medium enterprises in Henan Province to conduct a preliminary investigation,relevant data on SME in order to grow corporate finance theory as the basic framework for the financing of small and medium enterprises undertake a situation analysis; in Henan Province,revealed the structure of funding sources for SME at the same time,based on the theory of corporate finance,foreign experience for reference,pointed out that the financing structure of SME in Henan Province,the problems and causes,in order to provide a basis to improve its funding sources. (2) Factors affecting SME financing in Henan Province. SME financing gap analysis of the situation in Henan Province and its impact on business and development impact of wide-ranging analysis of the main factors affecting the financing of enterprises. In the use of survey data,based on the financing structure of the enterprise based on the theory to analyze the decision-making SME financing a major factor. As the external financing of SME rely mainly on bank loans,further analysis was needed to obtain bank loans affect the relevant factors,in order to solve the problem of financing foreign debt and the related policy recommendations to provide a direct basis.(3) Proposed an effective solution to financing problems of SME in Henan Province countermeasures and suggestions,from banks and other financial institutions to improve its work in full support of SME financing in Henan Province; SME through self-improvement and strive for greater financing; all levels of Government to fullywork,focusing on SME financing and development; take effective measures to promote further improve the external environment,the four areas proposed:strengthening of financial institutional reform,to increase support for small and medium enterprises in Henan Province; the gradual establishment-oriented small and medium enterprises in Henan Province indirect financing system and other specific measures and recommendations.