关系型借贷与中小企业融资

Relationship Lending and SME Finance

基于三家国内股份制银行中小企业客户的随机调查结果,本文验证了关系型借贷已经成为中小企业与银行之间信贷的一般方法。股份制银行已经超过国有商业银行成为中小企业银行借贷的主体,这证明了"小银行优势假说"在中国的适用。本研究证明中小企业的最大贷款金额基本上是在企业规模基础上,由企业自身的情况和企业与银行的关系共同决定的,与银行的关系越紧密,获得的贷款额度越高,价格越便宜。国家应在政策方面支持中小型银行的发展及对银行关系型借贷产品的开发,以在最短时间、最大程度上满足中小企业的融资需求。

Based on the random survey of three domestic joint-stock banks＇ SME clients, this paper verifies that relationship /ending has become a general method of lending between SMEs and banks and joint-stock banks have surpassed state-owned hanks as the main SMEs/ending banks, which proves that the ＂ small bank advantage hypothesis＂ can be applied in China. This study proves that the maximum amount of loans to SMEs is, essentially based on the size of the enterprise, jointly determined by the enterprise＇s own situation and the relationship with hank. The closer the relationship with bank is, the larger the maximum loan amount and the price will be cheaper. To meet the financing needs of SMEs in the shortest time and to the maximum extent, state policy should support the development of small and medium sized banks and relationship lending products.