Research On Family Farm Financing

Located in Pingchuan District,Baiyin City,in the middle part of Gansu and in the upper reaches of the Yellow River,family farms are developing rapidly.However,the majority of family farms in Pingchuan District originated from large-scale planters,and their own capital accumulation was relatively low.Starting a family farm required a large amount of funds,and it was used for the production and management of family farms,expansion of scale,construction of infrastructure,and purchase of agricultural capital and agricultural machinery.The cost is also great.Many family farms lack the funds to expand the scale and hinder the intensive development of family farms.This paper is based on the research background,purpose significance,method route,the development situation of fifty family farms,and field sampling survey of family farms in Pingchuan District of Baiyin City.It is mainly based on personal characteristics of farmers,family farm operating characteristics,and loans available.In terms of conditions and government policies,Logistic regression model was used to empirically analyze the influencing factors of family farm financing.It is concluded that there are fewer household farm loan channels and the source of loans is mainly rural commercial banks.The main purpose of family farm loan is long-term investment such as land transfer and equipment purchase,not a short-term cash flow.The most commonly used methods for family farms are still joint guarantee loans and mortgage loans;the factors affecting family farm financing include: whether the registration of agricultural products,land transfer deadlines,family farm financial management is standardized,whether it has purchased policy agricultural insurance,Whether the assets are secured or secured by others,whether or not they have bad credit records,and whether they have family farm financial support policies.It proposed policies and measures to support the construction of agricultural product brands,extend the length of land transfer,standardize financial management,develop policy-based agricultural insurance,innovate loan collateral,improve the credit collection system,and construct a financial support system.