An Investigation Report On The Financing Situation Of Small And Medium-Sized Real Estate Enterprises In Duchang County,Jiangxi Province

The real estate industry is a typical highly capital-intensive industry,throughout which the production and distribution chain require a significant investment of funds,so that financing becomes the key to the development of small and medium enterprises.In recent years,China's economy has gradually entered the "New Normal" with slower economic growth and the deflation of macroeconomic policies.It not only makes it hard for those companies to do prime businesses with liquidate funds,but also increases the difficulty of financing.In this case,the strain on companies' cash-flow businesses and the increasing financing costs lead them into an enormous developmental challenge.In this context,taking Duchang County as an example,the paper focuses on the methods for solving the financing issues for small and midsize real estate enterprises to promote the development of real estate industry.This paper studies the real estate industry in Duchang County,by doing a survey of 26 small and midsize real estate companies to have an insight into their financial situations.Firstly,it gives a brief description on how to do questionnaires,launch researches,analyze the survey results,and reach a corresponding conclusion.Through investigation and analysis,these enterprises develop with three vital financing difficulties.They are,enterprise itself(poor business competitiveness,insufficient credit,outdated management system,etc.),financing system(single financing channel,over rely on bank loans,even banks themselves with problems such as incomplete internal risk management system,lack of financial products,strict loaning requirement,cumbersome procedures,etc.)and other external environmental difficulties(imperfect law,inadequate governmental support and publicity,and the lack of financial guarantee organizations).With systematical analysis,this paper proposes corresponded ways to have above difficulties addressed.First,companies have to strengthen their personal management,decision-making,and financial systems.Secondly,to improve their financing systems,local governments are expected to establish state-owned and private financing organizations.For banks,they have to perfect their internal risk evaluation system and simplify the loaning procedures.Finally,to ameliorate other external environmental difficulties,the law should be perfect to closely connect governments,enterprises and banks.Also,the financial investments should be enlarged to ensure the development of financial guarantee organizations.