小微企业融资与民间借贷契合发展研究综述

Literature Review on the Fit Development of Small and Micro Enterprise's Financing and Private Lending

小微企业的融资需求较大,但融资约束一直制约着小微企业的发展。民间借贷是解决小微企业融资难的一个重要且现实的途径,但小微企业与民间借贷作为资金供求主体各自隐藏着风险弊端。对小微企业和民间借贷及二者契合发展的相关文献进行整理和分析,发现融资约束、融资途径、风险成因及风险防控是影响二者契合发展的主要因素,建议政府鼓励民营资本参与正规金融投资,并积极推进利率市场化改革。

The financing needs of small and micro enterprises are large,but the financing constraints always restrict the development of small and micro enterprises. Private lending is an important and realistic way to solve the financing difficulties of small and micro enterprises,but as the main body of the supply and demand of funds,both small and micro enterprises and private lending have their hidden risks and disadvantages. This paper collates and analyzes the relevant documents concerning small micro enterprises and private loans and those concerning the fit development of the two. It’s found that the financing constraints,financing channels,risk causes and risk prevention and control are the main factors influencing the fit development of the two. It is suggested that the government should encourage private capital to participate in formal financial investment,and actively promote the market-oriented reform of interest rate.