摘要： 中小企业在融资难的问题存在已久，中小企业是中国经济不可或缺的推动力，约70%的经济产出是中小企业所贡献的。即便如此，大多数融资仍在集中在创在少数价值的公司。大多数中小企业融资渠道受限的原因在于较低的信用等级，和单一的渠道，因此融资方式普遍集中于传统融资，例如家庭融资。然而在传统融资已经不再有优势的今天，中小企业如何拓宽融资渠道，是至关重要的。文章通过对中外中小企业融资方式的对比，探索中外融资方式的不同之处，分析不同融资手段给公司价值、公司寿命带来的影响。同时，以美国一家成功通过社区银行融资的中小企业为例，分析给除中央银行以外的地方小型金融机构的启示。抛开政策和制度层面，希望从中能寻找到可以被中国中小企业所学习的借鉴的融资渠道和手段。

 

关键词：融资困难，融资渠道多样化，互联网融资，中外对比

 

目 录

摘 要

Abstract

CONTENT

1.Introduction-1

1.1 Relative financial system and types of financing-1

1.2 The significance for SMEs to financing correctly-1

1.3 Reasons of comparative analysis-2

2.Analysis of the financing channel-4

2.1 Traditional financing channels-4

2.1.1 Introduction-4

2.1.2 Pros and cons-5

2.2 Emerging financing channels-6

2.2.1 Introduction-6

2.2.2 Pros and cons-6

2.2.3 Successful cases-7

2.2.4 SMEs exploit the new financing channels-7

3.Comparative of Real Cases in China and Foreign Countries-7

3.1 Main types of financing methods of Chinese SMEs-7

3.1.1 Domestic bank loans-7

3.1.2 Financial Leasing-8

3.1.3 Guarantee company-8

3.2 Main types of financing methods of foreign SMEs-10

3.2.1 Guarantee services-10

3.2.2 Policy-based loan service-11

3.2.3 Small Business Investment Company Program-11

3.2.4 Provide support for small enterprises to obtain more orders.-12

3.2.5 Providing support to small enterprises in expanding exports-12

3.2.6 Provide training and guidance for the development of small enterprises.-13

3.3 The status quo of SMEs in China-13

3.3.1 How many SMEs suffer from financing difficulties?-13

3.3.2 Implication for China-16

4.Case study-20

4.1-Introduction of the successful case through community banks-20

4.2-Financing channel-20

4.3 The change of company after financing-21

5.Conclusion:-22

Reference-21

Acknowledgements