SME Financing Faces Three Major Problems

　　 Small and medium-sized enterprises Their own problems are also small businesses. financing The important reason for the difficulty is that Zhang Kaiyong, President of China Science and Technology Group Co., Ltd. pointed out that the financing of small and medium-sized enterprises is facing three major problems. difficult problem :

First, the financial affairs of small and medium-sized enterprises are not standardized and the information is opaque.

Two, SMEs have insufficient mortgage and high risk.

Three, high and low cost loans to SMEs.

Zhang Kaiyong said that the most important thing to guarantee the financing of SMEs is the need for transparent information. The guarantee industry must first base itself on helping SMEs establish a credit system. Of course, this is a complex process, which can not be achieved only by the guarantee industry. He thinks that we can learn from Japan's SME consulting service system. Japan's SME consulting and diagnostics industry is a fairly mature industry. Japanese law stipulates that any small and medium sized enterprise must start a registration process to invite a diagnostics to provide advisory services. The guarantee guarantee for small and medium enterprises loans and investment of investment institutions all need to sign the recommendation letter for the consultant providing services to the SMEs.

The lack of sufficient collateral is a common problem for SMEs. The high degree of credit guarantee industry can serve as a bridge between banks and SMEs. Zhang Kaiyong said that many banks require enterprises to use real estate as collateral, and many companies that "light assets" are excluded. Guarantee corporation can go its own way. Accounts receivable, inventory and other movable property, equity, and intangible assets related to intellectual property rights can become collateral. At the same time, executives can provide personal unlimited liability anti guarantee and expand the types of mortgage guarantees for small and medium-sized enterprises.

Experts also pointed out that SMEs can adopt diversified financing methods for SMEs, such as SMEs financing lease is a suitable SME financing mode. "SME financing lease from a global perspective, the rate of return of more than 30%, suitable for SMEs to solve long-term SME financing difficulties and low returns." Zhang Kaiyong said, "Chinese enterprises like to buy equipment for long-term investment, small and medium enterprises financing lease is a relatively lacking mode in China."