Faced with the current situation of financing difficulties for small and micro enterprises, let’s talk about the financing methods for early-stage entrepreneurs.

For the development of small and medium-sized enterprises and small and micro enterprises, smooth financing channels are the key. This requires the joint efforts of the government, banks, and enterprises to carry out credit business innovation and policy support under the existing financial resources. We will work hard to practice internal skills with enterprises. At the same time, we will give full play to the risk diversification role of third parties such as governments, guarantee institutions, and insurance institutions, straighten out credit financing relationships, promote small and micro enterprises to become bigger and stronger, and promote economic development.

(1) Develop internal skills and improve corporate management levels

Currently, the development of small and micro enterprises has passed the era of low wages, low added value, and relying on the consumption of labor dividends. If small and micro enterprises want to effectively utilize various financing methods to achieve long-term and stable development, they must first establish an effective self-accumulation mechanism. It is inconceivable that an enterprise without self-accumulation motivation would want to develop through external sources of funds. The establishment of a self-accumulation mechanism must start with establishing the credit of one's own assets and establish a trustworthy code of conduct. Only in this way can small and micro enterprises be eligible to raise funds in the capital market. To achieve this, small and micro enterprises must find a management model suitable for their own development and strive to improve their corporate management level. The second is to accelerate the adjustment of industrial structure and the transformation of development methods, promote the transformation of enterprise development from factor-driven to innovation-driven, and from extensive development to intensive development, so as to enhance the core competitiveness of enterprises. The third is to adhere to differentiation strategy and brand building, adhere to independent innovation, cultivate its own brand, and constantly optimize the company's product structure. The fourth is to focus on core business, strengthen financial management, establish authentic and credible financial statements, and accumulate the company's credit system, thereby improving the company's multi-channel financing capabilities. Fifth, we must fully understand and use the government's various preferential services. Only in this way can small and micro enterprises effectively respond to various crises in the development process and become bigger and stronger.

(2) Innovate financial products and expand financing channels

Commercial banks will still be the main financing channel for small and micro enterprises for a considerable period of time in the future. Commercial banks in each region should establish the concept of "loans to establish banks", innovate credit management systems, scientifically and rationally set up credit institutions for small and micro enterprises, and increase credit extension.

1. Improve the system and increase support for small and micro enterprises

First, state-owned commercial banks should set up credit management departments specifically to serve small and micro enterprises, and improve the support for small and micro enterprises. Proportion of loans to micro-enterprises. Small and medium-sized commercial banks and emerging financial institutions must seize the current opportunity of the state to encourage and support small and micro enterprises, increase credit support for small and micro enterprises, and while small and micro enterprises in the region become bigger and stronger, they must also promote the acceleration of financial institutions themselves. develop. Second, in the credit rating assessment of small and micro enterprises, we should focus on scale, efficiency, and growth, so as to relatively eliminate credit discrimination against small and micro enterprises, and appropriately expand the loan mortgage rate according to the region where the enterprise is located and the different stages of development. . The third is to strengthen the bank's credit registration and consultation management system, improve the credit personnel assessment system, balance incentives and constraints, and mobilize the enthusiasm of credit personnel to prevent risks and expand business. A number of "small" banks such as Taizhou Bank and Quanzhou Rural Commercial Bank regard the "shortcomings" of small and micro enterprises as their characteristics and have targeted small and micro enterprise credit technology systems. The small and micro enterprise credit system implemented by Taizhou Bank The technical system is summarized in 16 words: "household surveys, seeing is believing, self-compiled reports, and cross-checking." It emphasizes that account managers have face-to-face contact with small and micro enterprise customers and use "diligence" to obtain customer soft information from multiple aspects. Account managers also need to prepare their own financial statements for the company's financial information, and use different methods to cross-check various information based on its business scale. When encountering self-employed people, they will even be asked to count the cash in the cashier or wallet on the spot to verify their turnover. With this in-depth and detailed understanding, the account manager can then finalize the loan. Since 2008, Taizhou Bank has continued to increase the amount of credit provided to small and micro enterprises to ensure that the capital chain of small and micro enterprise customers will not be broken. As of June 2012, the bank had more than 60,000 small and micro enterprises with loan balances, and the average loan balance per household was 465,000 yuan. Among them, 99.5% were customers with loans below 5 million yuan, and the loan amount accounted for 99.5%. than 84.9.

Since its establishment more than two months ago, the club has developed ** members, granted credit of ** billion to ** households, and actually lent ** billion to ** households. **Bank's "Village Chief Loans" are aimed at small and micro enterprises in towns and villages, **Bank's "Mutual Aid Cooperatives" which mainly take care of idle social funds, and **Bank's "Loans" designed for micro-enterprises with a loan limit of about 10,000 yuan "It is also under active design and demonstration and will be put on the market soon, which can further alleviate the financing difficulties of small and micro enterprises in ** City.

3. The combination of insurance and credit guarantee can effectively solve the financing problems of small and micro enterprises

A very important reason why banks are reluctant to lend to small and micro enterprises is credit risk. The introduction of insurance mechanisms can provide banks with loan solvency guarantees, thereby directly reducing banks' credit risks and creating a good development environment for small and micro enterprise financing. If the insurance industry wants to give full play to its social insurance management function and serve the financing of small and micro enterprises, it must at least do a good job in these aspects. First, we must actively explore credit risk management. Introduce scientific risk management mechanisms into the operation and management process of small and micro enterprises, provide risk protection services for small and micro enterprises, and improve the overall quality and credit level of small and micro enterprises. The second is to increase product innovation and services. Through product innovation and service in-depth development, we strive to provide multi-level and all-round insurance services to small and micro enterprises. Third, we must persist in strengthening cooperation with relevant parties. Establish a cooperative incentive mechanism between insurance institutions, credit institutions and small and micro enterprises, so that everyone can develop collaboratively and healthily, jointly bear market risks, jointly share market information, and jointly share market profits. Only in this way can we better promote the coordinated development of small and micro enterprises in financing and provide an insurance service for small and micro enterprises to solve financing difficulties.

4. Solve the financing difficulties of small and micro enterprises with the help of private capital

** The city has abundant private capital and is developing rapidly. We can use private capital to solve the financing problems of small and micro enterprises. First, the government and relevant departments should provide policy support and guidance. Private capital mainly participates in credit business in the form of high-end banks and small loan companies. However, high-end banks and small loan companies are still in their infancy, have limited profit margins, and need guidance in their development direction. The second is to take the construction of the Wenzhou Comprehensive Financial Reform Pilot Zone as an opportunity to standardize various existing private financing methods and gradually form a set of systems as a guiding basis for private financing-related behaviors. The third is to strengthen the management of innovative local financial organizations and actively prevent and resolve the risks of private financing and corporate capital chain breaks. The fourth is to establish and improve the private financing monitoring system, and do a good job in private financing dynamic tracking and risk warning. Fifth, we must severely crack down on illegal financial activities such as financial pyramid schemes, illegal fund-raising, underground banks, and violent debt collection forces to maintain stable economic and financial development.