Support Microfinance to solve small business

Support Microfinance to solve small business

Cheung

Since last year, under the pressure of inflation, the bank raised interest rate continuously, raise the reserve ratio of the bank, the capital turnover of small and medium-sized enterprises is not open, financing is in trouble. For this reason, the public opinion, small business is facing the tide of bankruptcy. However, July 27, the National Development Research Institute of Peking University, the joint Alibaba Group in Beijing issued a survey on the current situation of small and medium-sized enterprises, small businesses do not exist, still tenacious survival, active management.

At present, the primary problem facing small enterprises is financing pressure, and the main reason of financing difficulty is the rigidity of bank financing policy. From the bank perspective, Small business lending cycle short, small, bank cash-intensive, and the income is very little, so the bank's small lending threshold is very high. On the corporate side, the bank's borrowing costs are high, and the one-year liquidity loan rate has risen to 8.53% to 11.15%. As a result, only 15% of small businesses borrowed from banks, and 50% of small businesses Station borrowed money to keep them afloat. Since the reform and opening-up, private lending has been one of the main channels for small enterprises to finance, many small enterprises to survive, to a large extent it is the nurturing of private lending.

Private lending is always accompanied by monetary tightening and active, its risk caused by a series of consequences is difficult to avoid, so, private lending is not a smooth road of small business financing. Industry insiders called for the financing of small and medium-sized enterprises, the State should introduce and support a new type of credit financing policy, encourage microfinance companies to enter the field of financing, and in the system to provide protection and incentives, fundamentally solve the problem of small business financing.

According to a survey by Alibaba Group, 63.3% of small businesses have financing needs. Of the small businesses with loan requirements, 75.4% of small business loans are under 1 million yuan. This is where microfinance comes in. Whether it is a supplement to the national financial market or to meet tens of millions of small business financing needs, microfinance is very important to grow.

Microfinance is a kind of financing for small enterprises, which helps small enterprises to obtain the opportunity of self-employment and self-development, and has become an indispensable force in the development of local economy. Wangxiaoya, deputy director of the People's Bank of China Research Bureau, said that in this year's implementation of the total amount of social financing to measure financial support for the real economy, microfinance companies are also included in the loan.

There are more than 3,200 microfinance companies in China, of which the network microfinance company is a newly-emerging force. For example, Ali and Taobao network loans unsecured, unsecured, 0 threshold, convenient and quick, solve the small business bricks, opened a new financing channels, not only a supplement to the traditional financial services, but also to the continuous warming of e-commerce play a positive role in promoting. Under the pressure of financial crisis and inflation, the role of micro-credit network is becoming more and more obvious, which contains a huge financial service market.

Schrocher that to relax the bank financing policy and improve the financing service for small and medium-sized private enterprises is an effective way to solve the financing of small-sized enterprises. Small enterprises can not only alleviate the employment pressure, but also active one economy, benefit the country and the nation, from financial policy to help small enterprises out of financing difficulties, is undoubtedly the innovation of national financial services. Therefore, it is suggested that the state should seize the policy of credit support for small enterprises and encourage the financial institutions that specialize in small enterprises to further increase the financing services for small enterprises. At the same time, the State should clarify the financing support policy for small enterprises, quicken the construction of Social credit system, innovate credit technology and make full use of small business credit data to evaluate the credit risk of small enterprises. In short, to promote the sustainable development of microfinance institutions, the State should actively guide and create a good institutional environment.