Study on the Construction of SME Folk Capital Financing Channel

摘要

Financing difficulty is the main factor that restricts the development of small and medium-sized enterprises for a long time. However, there are many idle funds lack of effective investment channels in folk capital market meanwhile. SMEs demand a large amount of capital while folk capital needs effective investment channels. Capital suppliers and demanders have the common development goals and the function of capital they supply and demand has the strong complementary to each other. Actually the success rate of capital supply and demand is very low. This paper expounds the necessity and feasibility of folk financing for SMEs; analyzes the factors which restrict SMEs from folk financing; and put forwards measures to perfect SMEs folk financing. Measures include completing related laws, perfecting market interest rates system of private financing, completing information disclosure system, strengthening financial regulation, and constructing risk prevention system.