Title: Financing Bottle-neck and Reform Strategy for Small and Medium Enterprises
Abstract: The small and medium enterprises(SMES)are playing more and more important roles in national economy.At present,the biggest obstacle the SMES face is financing.The key problems are the lack of internal financing and the blockage of the financing channels.The formal financing market for SMES has not been established.The banks are not willing to take the risk to grant loan to SMES for fear of their low creditability.To solve the problem,SMES must improve the ability of management and their commercial creditability,broaden financing channels and improve the credit guarantee system.
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: article
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