中小企业融资困境与新型信贷关系研究

本文讨论中小企业(SMEs)融资问题,通过建立信贷分析模型,综合了借款人风险特征、抵押物要求、贷款利率等因素,阐述了中小企业信贷配给的理论依据,论证了中小企业发展关系型信贷的必要性,并首次引入了关系度量因子对中小企业贷款资源分配进行分析,得出一系列有现实意义的命题。本文结论认为,要有效解决中小企业融资困难,应合理适度地发展关系型信贷。

Analysis of SMEs' Financing Predicament and New Credit Relationship

The paper mainly analyzes the financing of SMEs.By establishing a model which synthesizes a series of factors such as the lender's risk,collateral requirement,loan rate and etc.,the paper expounds the theoretical foundation of loan rationing.The paper also demonstrates the necessity of development of relationship lending for SMEs,and by adopting the relationship measurement factor for the first time,it concludes a series of important propositions.The paper finally concludes that,in order to surmount the dif...