To Construct a New Paper Financial System for Small-medium Enterprise's Financing

As banks are unwilling to lend to the small-medium enterprises, and the scale and the amount of companies is limited in the capital market, it's very difficult for the small-medium enterprises to finance either directly or indirectly. As a third way except directly financing and indirectly financing, paper financing can satisfy the demand of small-medium enterprises for capital. After analyzing the property of paper financing, the supply of it and the demand for it, a new financial model is set up to ensure that paper financing is available, which is based on the paper financing according to the situation of our country. At last, we ascertain the supportive system for the model.