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2009•Journal of China Three gorges UniversityRequires access

On the Financing Issue of Small and Medium-sized Enterprises in Financial Gisis

Yao Yan-ling

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Abstract

Small and medium-sized enterprises play a pivotal role in our national economy.Financing difficulty is the largest problem in SMEs' development.It has turned worse along with the spread of the financial crisis which makes SMEs bear tremendous subsistence pressure.This paper reveals the SMEs financing in financial crisis analyzes the current situation of the financial crisis and the influential factors,and discusses its reasons and coping strategies,and then shows the implications of the SMEs' future financing.

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Small and medium-sized enterprises play a pivotal role in our national economy.Financing difficulty is the largest problem in SMEs' development.It has turned worse along with the spread of the financial crisis which makes SMEs bear tremendous subsistence pressure.This paper reveals the SMEs financing in financial crisis analyzes the current situation of the financial crisis and the influential factors,and discusses its reasons and coping strategies,and then shows the implications of the SMEs' future financing.

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Available abstract

Small and medium-sized enterprises play a pivotal role in our national economy.Financing difficulty is the largest problem in SMEs' development.It has turned worse along with the spread of the financial crisis which makes SMEs bear tremendous subsistence pressure.This paper reveals the SMEs financing in financial crisis analyzes the current situation of the financial crisis and the influential factors,and discusses its reasons and coping strategies,and then shows the implications of the SMEs' future financing.

Key concepts: Finance, Financial crisis, Subsistence agriculture, Business, Small and medium-sized enterprises, Coping (psychology), National economy, Financial system

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