供应链金融在小微企业融资中应用研究.pdf

Subject TheAppliedResearchofSupplyChainFinanceinFinancing ： SmallandMicroBusinesses Specialty： MasterofBusinessAdministration Name ： GengJingdong (Signature) ) Instructor FengTaozhu (Signature) ) ： Abstract Small and micro businesses have been playing an important role in absorbing surplus labor and pushing forward the urbanization. Since the financial crisis, Small and micro businesses under the weak link in the production chain are now facing lots of pressures and challenges influenced by the rising domestic raw material prices, labor costs. And the funding gap has become a major bottleneck to the restructure and development of Small and micro businesses. It has become an important proposition of current financial reform to effectively solve the problem. Supply chain finance is mainly comprised of account payable financing, which contribute to the dynamic integration of the information flow, capital flow, thus to some extent solving the problem of information asymmetry. Financial institutions can provide integrated solutions for Small and micro businesses focusing on the basis of core enterprises, resulting in raising the loan through rate for Small and micro businesses. Thus, supply chain finance provides a new way of solving the problem of financing in small and micro businesses. The researcher briefly introduced Small and micro businesses ’ financing situation from the perspectives of policy environment, ways of financing and financing order and made an in-depth analysis of the causes of financing gap from the perspective of commercial banks and Small and micro businesses, thus proposed a new idea which needs t