摘要
小微企业作为我国市场经济的微观基础,长期以来一直面临着渠道受限、成本高等一系列融资困境。文章从小微企业自身发展与外部融资方式等多个角度入手,归纳总结了造成小微企业融资困境的主要原因,提出利用债券市场工具解决小微企业融资困境的可行性;结合对目前几种专门针对小微企业融资的债券市场工具的比较分析,提出信用增信、风险缓释措施和融资结构设计等三个方面是解决小微企业融资困境的核心关键。
Small and Micro-Sized Enterprises （SMSEs） are the foundation for China＇s economic development, and hard financing is the world long-term problem for them. The paper analyses the reasons for SMSEs＇ financing difficuhies in light of their own characteristics with external financing methods. In addition, the paper compares and analyzes several Bond Market instruments, and concludes that credit enhancing methods and scheme design are two keys to solve the problem.
出处
《财务与金融》
2016年第3期24-28,共5页
Accounting and Finance
关键词
小微企业
融资困境
债券市场融资工具
Small and Micro-Sized Enterprises, Financing Problem, Bond Market Instruments
