Financing Research Of Medium-sized And Small Enterprise Based On Credit Rationing

The development of small and medium-sized enterprises is very important to reduce the employment pressure, the improvement of people's life, and play a large role. Small and medium-sized enterprises whether to raise the needed money to promote the development of itself is particularly important. The characteristics of small and medium-sized enterprise itself determines the sme financing channels, exogenous financing channels to narrow the bank credit is given priority to. Smes in the financing difficulties encountered in the process of the development of small and medium-sized enterprises hindered, and financing difficulties of small and medium-sized enterprises are mainly embodied in the credit gap in small and medium-sized enterprises, so the situation facing research credit rationing small and medium-sized enterprises in China, the reason of the financing difficulties of small and medium-sized enterprises to help solve the financing difficulties of small and medium-sized enterprises, promote the development to have the vital significance.Papers to the transition of China's economic system as the research background, analyzes the present situation of Chinese small and medium-sized enterprise financing, empirical research concluded that smes in the financing process credit rationing in relatively strict credit rationing, and combining the theory to analyze the reasons of the financing difficulties of small and medium-sized enterprises, and further puts forward how to ease in financing process credit rationing and financing difficulties encountered the problem solving, in order to attain the purpose of financing difficulties of small and medium-sized enterprises.It firstly introduces the definition and credit rationing, and the causes of the paper based on to sme financing credit rationing the effects of elaborated, and then introduced into Chinese sme financing status, such as the money supply imbalances, financing channel wait less. Then through empirical research proof the small and medium-sized enterprises in different degree of encountered by credit rationing to small and medium enterprises, the internal and external financing environment faced by the analysis of the credit rationing in China, combining of the effects of small and medium-sized enterprise financing theoretically analyses the causes of the difficulty of financing smes. Finally combining the actual conditions of our country, from establishing multi-layer credit supply structure, abundant credit product categories, sound risk management system, strengthening the information disclosure, sound credit guarantee system, improve credit rationing, puts forward some Suggestions of smes financing environment. The innovation of this paper credit rationing in the perspective of from the financing difficulties of small and medium-sized enterprises in China, and collect the latest data through empirical research proof, the size of the enterprise and credit rationing, there is a link between the smaller scale enterprise credit rationing, encounter as a serious, the small and medium-sized enterprises in China than in large enterprise financing process of more likely to encounter the credit rationing credit rationing, and face is very serious, explaining the smes in the financing process disadvantaged more easy credit rationing, facing the reasons.