Smes Collection Of The Debt Problems Studied

Assemble financing for Chinese small and medium enterprises(SMEs) enjoys good financing results and strong market support ,It is a new approach to issue Assemble Bond of SMEs for resolving the financing difficulty of SME at present.In this paper, We introduced the process of Assemble Bond.Although the Assemble Bond has been carried out in many provinces and regions. But some real problems such as market timing, complexity of issuing bodies,credit rating, weakness in guarantee ,issurance companies, and so on ,which have hindered the subsequent issue of the bond.This paper study the default probability of the enterprise so to establish the theory foundation how to select the SMEs . In practical , the enterprise which want to issue bonds first need to meet the legal requirements of state, second ,each region will determine the standard ccording to their own characteristic.Credit enhancement is also the key to the success of issue,it can efficiently improve the credit rating of Assemble Bond. And increase market acceptance,The research on credit enhancement has a significant meaning to ptractical development of assemble bond.This paper introduces extemal and inside credit enhancement and at present the impact of assemble bond provided by different way of guarantee in the country.Banks and state-owned enterprises as guarantee do not have sustainable development, so guarantee companies should play a big role in the Assemble Bond of SMEs in future, so this chapter study the theoretical guarantee costs and the domestic market costs, and suggest some advice about the guarantee company's development .