Study on Application of Relationship Lending in SME Financing
The small-and-medium sized enterprises are the impetus of regional economic development. However, due to the financing difficulties, they often encounter great barriers. Information asymmetry between banks and enterprises is the essential reason for it. In addition, the SMEs can not provide eligible securities, and this worsens the financing condition of the SMEs. Research shows that relationship lending will solve the problems of information asymmetry and bring in more loans to the SMEs. Relationship lending is quite practicable in domestic market, so we should take active measures to promote the development of relationship lending in China.
Relationship Lending Small-and-medium Sized Enterprises Financing
XIANG Yijun
School of Economics, Harbin University of Commerce, P.R.China, 150028
国际会议
2009 International SME Development Forum(2009 中小企业发展国际论坛)
北京
英文
294-298
2009-10-01（万方平台首次上网日期，不代表论文的发表时间）