Analysis On Financing Predicament Of SMEs In Our Country

Small and medium-sized enterprises is an important part of the national economy in China, and plays an important role in the development of economic, made a significant contribution in the promotion of economic development, increase employment, to maintain social stability particularly. Because the small and medium-sized enterprise asset size is small relatively, the system establishment is not perfect, the management risk is high, so it has some difficulties to financing, and the financing difficulty has become a bottleneck restricting the development of SMEs. Small and medium-sized enterprises are supplier of national economy, because it can produce small quantities of products or special products to meet customer’s special requirements; it is the job reservoir, the personnel of the introduction of requirements is not so strict compared to large enterprises, can absorb a large number of labor force; at the same time it has distinct advantage in the technology innovation. However, the financing channel s of small and medium-sized enterprise is narrow in our country, mainly root in bank loans, but the standards of bank loans more higher, and constraint condition is more, slow down the development of small and medium-sized enterprises speed. In recent years, in order to promote small and medium-sized enterprises develop better and faster, the government set up a " special funds for the development of SMEs ", this year the State Council put forward "with financing lease to solve the credit problem," which are provide a good way to resolve the financing problem of small and medium-sized enterprises, it serves to show the important of small and medium-sized enterprises in China, the financing channel and financing environment is mainly financing difficulties small and medium-sized enterprise facing, financing channels narrow, the source of funds is single, loan threshold is high, borrowing cost risk and direct financing channel not free is the major difficulties. Subject to the small and medium-sized enterprise’s operation state, government policy cannot enjoy is another financing difficulties. Only such difficulties can be solved, it will develop healthy and rapidly. Therefore, we need to strengthen the study on small and medium-sized enterprise actual condition, find out the new financing channels to small and medium enterprises to help them out of financing predicament, and development better, so as to promote economic development better and faster in China.Study on the financing difficulties of medium-sized and small enterprises, in order to find the reasons for the financing difficulties of medium-sized and small enterprises, and solve the financing difficulties of medium-sized and small enterprises well. Therefore, this paper is divided into five parts to discuss this problem:the first chapter is the introduction, this chapter mainly expounds why study the financing problem of medium-sized and small enterprises, financing problems of medium-sized and small enterprises and research review, and research ideas, methods and innovation; the second chapter is the Specification and theoretical basis, this part mainly introduces the concept of medium-sized and small enterprises,, the financing connotation of medium-sized and small enterprises, from the capital structure theory, pecking order theory, financial growth cycle theory and the theory of credit rationing to introduce financing theory; the third chapter is financing situation the reason in our country, this chapter mainly state about financing situation, status, as well as the cause of the problems of medium-sized and small enterprises; the fourth chapter is the financing difficulties of medium-sized and small enterprises:analysis of J example, this part mainly analyzes achievements and dilemma medium-sized and small enterprises facing in J; Chapter fifth is to solve the financing difficulties of medium-sized and small enterprises in China,according to the cause financing dilemma and the reasons analysis in front, put forward from three aspects to solve the financing difficulty of SMEs in our country, that is:improve the government support system, improve the financial service system and the innovation financing system.On the financing difficulties of medium-sized and small enterprises research to find out the reasons, to help medium-sized and small enterprises to walk out of financing predicament in our country, so as to facilitate their growth and expansion, rapidly, but also conducive to the promotion of economic and social harmony and stability in China.