Research On Mongolia SME Financing Problems And Countermeasures

Mongolia’s economic development trend of the times, the pace of economic development continues to accelerate. Mongolia’s land area ranked 17th in the world, has a population of 294 million, sparsely populated, but rich in natural resources, for the economic development of Mongolia laid the foundation. After 1990s, Mongolia’s privatization reform, private economic forces boarded the stage of history, in the national economy in the dominant position. Private economic power part is exist in the form of SME, for economic development to promote, Mongolia in the past twenty years, economic and financial market gradually formed, satisfies the needs of the rapid development of large enterprises, also began to pay attention to SME. Although the government to obtain financial services for SMEs in the policy is being improved, but the current financial services for SMEs in the management is not in place. Small and medium-sized enterprises still face many difficulties, the reasons for this difficulty, some from their own, and some from the external. According to Mongolia is small and medium-sized enterprises play a role and instead of getting financial support does not match the phenomenon, and Mongolia SME financing problems are studied. The study will be conducive to the Mongolian SMEs developingIn view of the present situation of the financing of small and medium enterprises in Mongolia, this paper adopts the research method of combining normative research and practical problems, and the whole text is divided into the following parts to write.The first part is the introduction, mainly expounds the research background and significance of the topic, the domestic and foreign research on the financing of small and medium-sized enterprises are reviewed, and the research content and research methods. The second part of the concept and theoretical basis, mainly expounds the concept of SME standards and financing, and then discusses the information asymmetry theory and financing order theory. The third part focuses on the financing situation of small and medium-sized enterprises in Mongolia, including financing policies, financing needs, financing channels and results. The fourth part mainly analyzes the problems existing in the financing of small and medium-sized enterprises, and the reasons for the formation of financing problems. The fifth part, aiming at the problems in the financing of the small and medium-sized enterprises in Mongolia, puts forward some countermeasures and suggestions.Through the research and conclusions of this paper, it will provide countermeasures and suggestions to solve the financing problems of small and medium enterprises in Mongolia, and promote the healthy development of SMEs in Mongolia.