中小企业融资中的自有资金信贷机制

银行贷款收益取决于贷款利率和贷款风险两个因素。在贷款利率受到管制时,理性的银行为了实现期望利润最大化,要求企业提供足够抵押来规避贷款风险。我国中小企业由于自身特征及所处信贷环境的原因,银行向其贷款风险大,且得不到足够抵押品,也没有第三方提供担保,这就导致中小企业贷款难现象。因此,我国商业银行应该灵活运用抵押、担保、关系贷款和自有资金多种手段,积极构建中小企业的多层次信贷机制体系。

Self-owned Capital Credit Mechanism in Small and Medium - Sized Enterprises (SMEs) 'Financing

Bank′ loan earnings depend on its interest rate and risk.In order to get maximum expected profits,rational banks ask enterprises to provide adequate collateral to avoid loan risks when the loan interest rate has been macro-controlled.SMEs′ self-owned characteristics and external environment of credit make it risky for bank loans.Bank can not get adequate collateral from SMEs and none will provide guarantee for the SMEs,which may resulte in SMEs′ difficulties to loan from bank.Chinese commercial banks should use collateral,guarantees,relationship lending and self-owned capital to construct a multi-level SMEs′ credit mechanism system.