A Study On The Financing Difficulties Of Small And Medium - Sized Enterprises In Coastal Areas Of Zhejiang Province

The financing difficulty is widespread throughout the development process, has become animportant factor in inhibiting the development of SMEs in Zhejiang coastal areas. Therefore, asystematic manner for financing SMEs in Zhejiang coastal areas of analysis, to solve thefinancing difficulties, is very important to promote the steady development of SMEs.This paper introduces the theory of asymmetric information, financial life cycle theory, the newpecking order theory and the theory of credit rationing, take field survey methods and casestudies on coastal areas of Zhejiang SMEs financing difficult to study. First, from the actualsituation in coastal areas of Zhejiang paper expounds the status quo and the status quo offinancing the development of SMEs. Secondly, from the internal and external factors affectingthe coastal areas of Zhejiang SMEs financing difficulties of analysis. Internal factors includeenterprise management behind the lack of sense of integrity, lack of effective capital,accountinginformation distortion and technical force is weak.External factors include the lack of a soundfinancial system, the goverment is not in place, financing stenosis, and folk financing risk, thecause of these factors produce in-depth research. Finally, in light of the actual situation andeconomic characteristics of the coastal areas of Zhejiang Province, the correspondingcountermeasures and suggestions to alleviate and resolve the issue of financing SMEs inZhejiang coastal areas, to promote the rapid sustainable development of coastal areas in ZhejiangSMEs and make a significant contribution to economic development.