Research On The Development Of Small-medium Enterprises Lending Of Chinese Commercial Banks Under The Internet Financing

With the deepening of China’s economic and financial system reform,development of SMEs is getting good and requirements for financial services aremore and more. However, our increasingly open financial markets make commercialbanks facing increasing competitive pressures. Meanwhile, the urgent need for thesustainable development of SMEs credit guarantee facing difficult challenges since itsfinancing problems. In recent years, with the advent of big data, online financialbusiness have grown rapidly such as, third-party payment, peer-to-peer lending,crowd funding and other financial services network platforms. These new financialproducts become more and more important financial channels of SMEs. With theseopportunities and challenges, traditional commercial banks have to complete strategictransformation as soon as possible. Under this background, commercial banks andfinance sustainable development of SMEs has become a key issue in finance industry.This article from the perspective of improvement financial services for SMEs,trying to study the financial service needs of SMEs and current financing servicesprovided by commercial banking and the Internet financial service providers, andexplore the commercial banks motivation to develop SMEs financial services market,and analyze the feasibility of commercial banks to improve such business, andultimately make practical suggestions.At first, this article describes the development of the theory of commercial bankservices for SMEs. On this basis, it analyzes the requirements of SMEs credit fundsfor commercial banks and other financial services, and analyzes the current situationof China’s commercial banks in the supply of financial services to SMEs. AlthoughChina’s commercial banks in the SMEs’ financial services got progress, but there arestill many deficiencies, can’t effectively meet the requirements of the SMEs market.After that, this article describes the situation of internet financial service for SMEsand compares it with traditional commercial banks. Finally, this article describes thefeasibility of commercial banks to improve financial services for SMEs, analyzesfavorable conditions and operation issues of China’s commercial bank, internationalexperience, foreign banks operation and other external conditions, propose somesuggestions in detail, including organizational structure and management systemimprovement, innovation of products and services, risk management improvement,strengthening online banking business and internet financial companies cooperation.