Difficult And Countermeasures Enterprises In Bank Financing

Small and medium-sized enterprises (SMEs) play an indispensable role in the development of the national economy. However, along with the rising of GDP, their development has met the bottleneck where financing problems highlight increasingly. In recent years, research on the financing problems of SMEs has become the focus of all walks of life. Although the government, the financial institutions, etc. have introduced a series of policies to support the financing of SMEs, the effect is not desirable, as the coast area frequently emerges business failure tide, escape of entrepreneurs, loan fraud, serious usury, etc., while the case of Wu Ying again pushed this topic to the climax. The economic growth speed of Chengdu which as the economics center of Chengdu-Chongqing and the core of Tianfu new area, has ranked the top in the country, nevertheless, the financing predicament of SMEs gradually becomes significant, especially the poor bank financing seriously restricted the development of SMEs in Chengdu, which will become worse along with the rapid growth of economy. Thereof, the SMEs will hard to get long-term health development without the financing problems being resolved, that is bound to influence the whole economic development of Chengdu.This paper concluded the following five aspects on the present financing situation of all kinds of SMEs in Chengdu through the collection and analysis of relevant literature as well as the survey with the person in charge of representative SMEs and staffs of commercial banks. First, the bank financing is the first choice and the most frequent way. Second, the bank financing encounters predicament. Third, the predicament of bank financing mainly reflects in high entry barriers, low access rate, high cost, verbose procedures, and the un-match between demand time of capital and the capital arrival time. Forth, the implementation of introduced government policies does not reach the designated position. Fifth, the credit system and guarantee system of SMEs in Chengdu is not perfect. There are various causes of the current situation, including the enterprises themselves, banks as well as the macro-environment, etc., thus we respectively put forward countermeasures and suggestions from the above three aspects according to the present situation of SMEs in Chengdu, hoping to effectively dredge the bank financing channel of SMEs. This article is only in the theoretical discussion, it needs further constant efforts and explorations in practice.