【正文】 融資成為中小企業(yè)的桎梏[J].新理論新觀點(diǎn)新問(wèn)題，2009，（01）我國(guó)現(xiàn)存的政府主導(dǎo)、間接融資為主的融資制度決定了我國(guó)目前中小企業(yè)融資渠道單一、資金供給狹窄。4．惡性循環(huán)情況普遍陳愛(ài)早（2008） 陳愛(ài)早 中小企業(yè)籌資風(fēng)險(xiǎn)控制[J].研究與探索，2008，（01）中小企業(yè)由于負(fù)債較多，經(jīng)營(yíng)業(yè)績(jī)惡化，大多數(shù)中小企業(yè)信用急劇下降，往往形成：“資金缺乏業(yè)績(jī)惡化信用差資金缺乏”的惡性循環(huán)。唐麗桂（2006） 唐麗桂 中小企業(yè)融資存在的問(wèn)題及對(duì)策分析[J].沿海企業(yè)與科技，2006，（01）提出在歷來(lái)的調(diào)查中，“資金不足”始終被列為中小企業(yè)第一位的問(wèn)題。據(jù)權(quán)威部門調(diào)查顯示，中小企業(yè)獲取外部資金的渠道除了金融機(jī)構(gòu)外，民間貸款也成為其重要的資金來(lái)源，%，而通過(guò)直接融資渠道的數(shù)額極小，%。譚瑞華（2009） 譚瑞華 中小企業(yè)融資管理分析[J].財(cái)經(jīng)界（學(xué)術(shù)版），2009，（10）指出：據(jù)國(guó)家經(jīng)貿(mào)委近期調(diào)查，我國(guó)東、中、西部中小企業(yè)從銀行等金融機(jī)構(gòu)獲得的資金分別是：東部占60%；中部約70% 到80%；西部則高達(dá)90%。解決中小企業(yè)融資難的問(wèn)題已經(jīng)迫在眉睫，只有切實(shí)解決中小企業(yè)融資問(wèn)題，才能把中小企業(yè)發(fā)展的潛在能量發(fā)揮出來(lái)，使其在經(jīng)濟(jì)發(fā)展和社會(huì)穩(wěn)定中發(fā)揮更大的作用。因此我們對(duì)中小企業(yè)融資問(wèn)題和對(duì)策的研究就顯得尤為重要。只有抓住問(wèn)題從理論上正確認(rèn)識(shí)造成中小企業(yè)融資問(wèn)題的原因，才能從根本上解決我國(guó)現(xiàn)階段存在的中小企業(yè)融資難這一制約經(jīng)濟(jì)持續(xù)增長(zhǎng)的關(guān)鍵問(wèn)題。中小企業(yè)要想在我國(guó)市場(chǎng)經(jīng)濟(jì)改革中完全成長(zhǎng)起來(lái)，就非常有必要擴(kuò)大融資渠道，在不斷積累自有資金的同時(shí)，還要通過(guò)一切正規(guī)合法的手段來(lái)擴(kuò)充資本。融資活動(dòng)是企業(yè)資金管理中的重要一環(huán)，企業(yè)融資決策決定著企業(yè)的資本結(jié)構(gòu)， 而融資決策往往受制于其當(dāng)時(shí)的金融環(huán)境。而目前, 我國(guó)融資大環(huán)境長(zhǎng)期以國(guó)有企業(yè), 特別是國(guó)有大型企業(yè)為主體，同時(shí)又缺乏專門服務(wù)于中小企業(yè)的金融機(jī)構(gòu), 這是中小企業(yè)間接融資困難的一個(gè)反映。這樣, 這些中小企業(yè)就往往面臨著無(wú)法回避的融資問(wèn)題, 融資問(wèn)題就成為了這些企業(yè)經(jīng)營(yíng)發(fā)展戰(zhàn)略的核心問(wèn)題。s national economy.Key words: Small and mediumsized enterprise, financing, Countermeasures圖目錄圖1：企業(yè)外源融資的資金來(lái)源渠道 13圖2：企業(yè)自有資金所占比例 14圖3：浙江省中小企業(yè)意愿融資比例 16表目錄圖1：企業(yè)有融資需求時(shí)首先選擇的融資方式 141 緒 論 選題背景和理論意義資本是企業(yè)生存和發(fā)展的關(guān)鍵性問(wèn)題,企業(yè)要生存和發(fā)展就得擁有一定數(shù)量的資金。s difficulties in financing for small and mediumsized widespread problem, causing difficulties in financing for small and mediumsized single mode of financing, the financing channels for narrowminded, There are many deficiencies in the financing structure. Financing small and medium enterprises has seriously hampered the pace of development in China. The current global economic crisis on China39。s SMEs are an important part of the national economy, in economic and social development can not be replaced with the large enterprises of the special strategic business market as the basic active forces in society to acmodate the majority of workers, in promoting economic growth and address the employment and reemployment process, plays an important role. The development of small and mediumsized the need for a strong financial support, but because of their own and China39。關(guān)鍵詞：中小企業(yè)，融資，現(xiàn)狀，對(duì)策Abstract 20th century since the 9039。在當(dāng)前經(jīng)濟(jì)發(fā)展的情況下，采取什么樣的辦法解決中小企業(yè)的融資問(wèn)題是值得我們?nèi)ヌ接懙摹Ｄ壳暗娜蚪?jīng)濟(jì)危機(jī)對(duì)我國(guó)中小企業(yè)的生存和發(fā)展產(chǎn)生了很大的影響，不少中小企業(yè)因?yàn)槿狈Y金，面臨著即將倒閉的困境，而且從更長(zhǎng)遠(yuǎn)的角度來(lái)看，融資難問(wèn)題已經(jīng)成為阻礙中小企業(yè)發(fā)展的主要原因。中小企業(yè)的發(fā)展需要強(qiáng)有力的金融支持，但由于企業(yè)自身和我國(guó)經(jīng)濟(jì)體制等多方面的原因，致使我國(guó)中小企業(yè)普遍存在的融資難的問(wèn)題，融資難造成中小企業(yè)融資方式單一，融資渠道狹隘，融資結(jié)構(gòu)存在許多缺陷。中小企業(yè)是我國(guó)國(guó)民經(jīng)濟(jì)的重要組成部分,在經(jīng)濟(jì)社會(huì)發(fā)展中具有大企業(yè)無(wú)法替代的特殊的戰(zhàn)略地位。如有抄襲或其它違反知識(shí)產(chǎn)權(quán)的情況，本人愿接受學(xué)校處分。管理學(xué)院學(xué)士學(xué)位論文中小企業(yè)的融資問(wèn)題與對(duì)策研究學(xué)生姓名：XXXX學(xué)　　號(hào)：XXX專　　業(yè)：財(cái)務(wù)管理（財(cái)務(wù)管理方向）指導(dǎo)教師：XXX26 / 36Small and medium enterprises financing and research the countermeasuresThis is Submitted to ZHEJIANG SHUREN UNIVERSITY(CHINA)For the Degree of Undergraduate of Business AdminstrationCandidate : SuperVior : Education Unit: MANAGEMENT INSTITUTEMay24, 2010承 諾 書(shū)我謹(jǐn)此鄭重承諾：本畢業(yè)論文是本人在指導(dǎo)老師指導(dǎo)下獨(dú)立撰寫(xiě)完成的。凡涉及他人觀點(diǎn)和材料，均依據(jù)著作規(guī)范作了注釋。 承諾人（簽名）： 年 月 日目 錄摘 要 IAbstract II圖目錄 IV表目錄 V1 緒 論 1 選題背景和理論意義 1 文獻(xiàn)綜述 2 研究方法與設(shè)計(jì) 8 研究?jī)?nèi)容 9 9 中小企業(yè)自身的缺陷是造成融資難的主要原因 9 10 政府對(duì)國(guó)有企業(yè)的政策扶持慣性, 是造成目前中小企業(yè)融資難現(xiàn)狀的另一重要原因 11 缺乏有效的擔(dān)保機(jī)制和其他融資方式,使中小企業(yè)融資渠道狹窄，融資更為困難 12 15 15 17 17，真正實(shí)現(xiàn)多渠道融資 19 21參考文獻(xiàn) 22致 謝 24摘 要20世紀(jì)90年代以來(lái)，伴隨著信息技術(shù)革命與經(jīng)濟(jì)全球化而到來(lái)的新經(jīng)濟(jì)時(shí)代使社會(huì)生產(chǎn)方式發(fā)生了很大的變化，以計(jì)算機(jī)、通訊、信息產(chǎn)業(yè)為主要內(nèi)容的高科技產(chǎn)業(yè)成為推動(dòng)經(jīng)濟(jì)發(fā)展的主導(dǎo)力量,這促使一大批中小型高科技企業(yè)的迅速形成和發(fā)展。小企業(yè)作為活躍市場(chǎng)的基本力量,容納了社會(huì)上大多數(shù)的就業(yè)人員,在促進(jìn)經(jīng)濟(jì)增長(zhǎng)及解決就業(yè)和再就業(yè)過(guò)程中,發(fā)揮著重要作用。融資難嚴(yán)重制約了我國(guó)中小企業(yè)的發(fā)展速度。想要解決中小企業(yè)生存和發(fā)展上的障礙，能夠想盡辦法解決中小企業(yè)融資問(wèn)題，無(wú)疑是一條有效的途徑。本文著重研究了我國(guó)中小企業(yè)融資的現(xiàn)狀并針對(duì)融資過(guò)程中存在的問(wèn)題，分析原因，探索解決對(duì)策，就如何改善中小企業(yè)融資現(xiàn)狀、拓寬其融資渠道提出一些建議，來(lái)解決我國(guó)中小企業(yè)融資問(wèn)題，加快我國(guó)中小企業(yè)的發(fā)展，促進(jìn)我國(guó)國(guó)民經(jīng)濟(jì)的發(fā)展。s, along with the information technology revolution and economic globalization and the advent of the new economic era of social modes of production has changed to the puter, munications and information industry as the main content of the hightech industries to promote economic development as a the leading force, which a large number of small and mediumsized hightech enterprises to the rapid formation and development. China39。s economic system, and many other reasons, led to China39。s survival and development of SMEs have had a great impact because of the lack of funding, many SMEs are faced with the plight of imminent collapse, but from a longterm perspective, the issue of financing has bee an obstacle to small and mediumsized the main reasons for enterprise development. Want to solve the survival and development of small and mediumsized obstacles, to try to solve the financing problem of SMEs is an effective way. In the current context of economic crisis, what kind of financing solutions to small and mediumsized problem is worth exploring.This article focuses on small and medium enterprises financing in China for the financing of the current situation and problems in the pro