Analysis On The Influencing Factors And Cost Of Financing On P2P Lending Platform By Small And Micro Businesses

ComPanies incorPorated in China in 99.3% of all small businesses, the gross domestic Product of 55.6% was contributed by the small and micro enterPrises, small and micro enterPrises, exPorts accounted for 62.3% of total exPorts, 46.2% state tax is the contribution of small and micro enterPrises, small and micro enterPrises Provide 75 Percent of emPloyment. However, small businesses only 12% of working caPital from bank loans, about 55% at the initial stage of the enterPrise funds, mostly from the business owner’s Personal ProPerty, there are 31.6% in the initial stage of the business financed by borrowing relatives constituted only 13.4% of small and micro enterPrises by banks and other financial institutions to finance 66% of small businesses facing financial difficulty.Small and micro enterPrises for the great contribution of the Chinese economy, but they can not get funding, face serious financing Problems. A direct imPact on China’s economic develoPment momentum. This is due to various reasons. First, due to the small micro-enterPrise start time is not long, its financial Position and oPerating not transParent, it is difficult to assess banks make lending Practices, forming a situation of asymmetric information, banks fear the formation of non-Performing loans after the borrower take out low, the banks will be more inclined to risk large enterPrises or listed comPanies. Small and micro enterPrises in order to be able to obtain loans had to make concessions, the bank can not distinguish between high and low risk of their loans, it will raise lending rates, increase the small micro-enterPrise financing costs, resulting in a small micro-enterPrise financing your Problem. Secondly, in our financial system dominated by state-owned banks to small and micro scale enterPrises discrimination, and small and micro enterPrises less caPital loan matching mechanism. Government, through the financial system and Policy(interest rates and exchange rates) excessive intervention inhibited the develoPment of the financial system, leading to economic develoPment is limited, and then in turn inhibit the develoPment of the financial system in a vicious circle. Small micro-enterPrise financing, financing your country is the result of financial and economic system distorted the role.In the national advocate Internet + background, internet banking P2 P net loan Platform raPid develoPment in China, P2 P net loan Platform with a lower threshold, without collateral, the Procedure is simPle advantages of a favored financial investment channels, and traditional financial institutions in comParison, P2 P net loan growth of small and micro enterPrises to Provide better financing for the new channel, the subject of which is characterized by small and micro-enterPrise financing to match the PaPer through the study of new net loan Platform of new loans, small and micro enterPrises financing difficulties, financing your Problem, analyzing small and micro enterPrise financing, financing your Plight reasons were for small businesses to analyze factors in net loan financing Platform and cost, targeted small and micro enterPrises made net loan recommendation financing.