Research On The Financing Problems Of Agriculture-related Smes Of Jieyang City

Agricultural enterprises play an important role in increasing farmers’ income, promoting agricultural industrialization and rural urbanization development. In recent years, national policies of agricultural support for small and medium-sized enterprises gradually have increased. The farmers’ market economy consciousness gradually strengthened. All kinds of agricultural products processing and service of rural agricultural small and medium-sized enterprises have developed rapidly. Agricultural enterprises are important economic entities in terms of achieving agricultural products value in the market, which have become the cohesion in contacting with farmers and the first, second and third industry. The small and medium-sized agricultural enterprises in the process of development are faced with financing difficulties. Based on the the research of jieyang city, this article is aim at exposing the existing issues in financing problems of small and medium-sized agricultural enterprises by analyzing deeply and put forward feasible measures.First of all, in this paper puts forward the concept of small and medium-sized enterprise of agriculture, financing,etc. With the breakthrough point of the role of small and medium-sized agriculture enterprises and financing characteristic, the survey shows that the most small and medium-sized agricultural enterprises are in the development stage and exist the funding gap problem. The internal financing already can’t satisfy the demand of themselves development. The financing channel of Jieyang city small and medium-sized agricultural enterprises are single and it is difficult to obtain financing through the capital market. On external financing, small and medium-sized agricultural enterprises are hard to obtain bank credit support because of low credit rating, lack of collateral and so on. Through the survey, the article points out that most small and medium-sized city agricultural enterprise in jieyang financing prefer to get a loan from the bank but in the end get private lending. The present situation of private lending which has non-standard operation makes small and medium-sized agricultural enterprise fall into financing difficulties. The financing satisfaction of small and medium-sized agricultural enterprise of Jieyang city is mostly below 50% and the lack of funds hinders small and medium-sized agricultural enterprises further development.The article analysis the financing factors of small and medium-sized agricultural enterprise of jieyang city further from the following several aspects. First, as capital demanders, small and medium-sized agricultural enterprises exist the phenomenon of low credit information asymmetry, lack of funds plan, etc. Second, the money providers also have the many problem of credit rationing and imperfect rural financial system. Third, the financing channel of small and medium-sized agricultural enterprise of jieyang city is narrow. Fourth, the financing cost of small and medium-sized agricultural enterprise of jieyang city is high. Fifth, the credit guarantee system is not perfect. Sixth, the support to small and medium-sized agricultural enterprise of jieyang is not enough. To solve above problems, it is necessary to put forward the mitigation measures financing difficulties, improve the credit rating of small and medium-sized agricultural enterprises, establish a good relationship and choose appropriate financing way of small and medium-sized agricultural enterprise of jieyang city. Banks and other financial institutions should take the initiative to adjust the credit structure. The innovation should suit to the characteristics of the small and medium-sized agricultural enterprise financing products. The quality of rural financial services are supposed to improve and a new type of rural financial institutions ought to develop. The government should increase policy support, guarantee system and perfect the small and medium-sized agricultural enterprise credit rating measures. To sum up, financing difficulties of small and medium-sized agricultural enterprises should be solved through Multi-party cooperation.