AnalysisofSMEBankfinancingcostinfluencingfactors[Abstract]Sincethereformandopeningup,China’sSMEsrapidrisehasbecomeadecisiveforceforgrowthineconomicconstructioninourcurrentfinancialenvironment,thebankisstillthemainwayofexternalfinancingforSMEs,andthus,thisarticlefirstanalysisoftheproblemsoffinancing,andthenexploretheinfluencingfactorsofbankfinancingdifficultiesofSMEsinChina.[Keyword]SMEbankfinancing,financingcosts;influencingfactors[Abstract]Sincereformandopeningup,China’srapidemergenceofsmallandmediumenterprises,economicdevelopmenthasbecomeadecisiveforceforgrowth.Atpresentourcountry’sfinancialenvironment,banksarestillthesourceoffinancingforSMEsoutsidethemainway,whichthisarticlefirstanalyzestheexistenceoftheproblemoffinancing,thenourcountryintosmallandmedium-sizedbankfinancingdifficulttofactor.1[Keywords]SMEs;bankfinancing;financingcosts;influencingfactorsForewordFinancingcostsotherrelevantconsiderationforthedisbursementoffunds,corporatefinance,capitalfinanceoutpartyusagefees,intermediaryfeespaidtointermediaries,andgenerated.Undernormalcircumstances,inaccordancewiththeorderofthemajorsourcesoffinancingfinancingfinancingcostsasfollows:fiscalfinancing,commercialfinancing,internalfinancing,bankfinancing,bondfinancing,equityfinancing,bankfinancingisthemostcommonformoffinancingenterprisewithhighreputationvariousfinancingdirectlytocommercialbanks,generalcorporateneedsguaranteespledgedtofinancethepropertymortgage,bills,thesearetheeasytodo,enterprisepopularformoffinancing,butduetothemarketoperationrules,smallandmedium-sizedtheinnateinferiorityandtheoperatingcharacteristicsofthefinancialsector,resultinginSMEfinancingdifficulties.FinancingofSMEsexistIngeneral,corporatefundingcomesfromtwo2aspects:First,theendogenousfinancing,externalfinancing.Endogenousfinancinganenterprisedoesnotdependonexternalfunding,mainlythroughretainedprofitsofthepreviouscapitalthelongitudinalaccumulatedafinancingway.exogenousfinancingmainlyreferstoeconomicagentsdirectlyintothestockmarket,thewaytoraisefundsthroughtheissuanceofbondsandstocks,whichincludetwokindsofdirectandindirectfinancing.chooselabor-intensiveofthevastmajorityofsmallandmediumenterprisesfromtheoutsetinvestmentinstructures,suchinputsallocatecapitalstructureisrelativelylow,andcangenerallybesolvedbyself-orendogenousfinancingcoincidedwiththelowcostofthestructureofsuchinputstoadapt,therefore,thedevelopmentofsmallandmediumenterprisesinChinamainlydependentonendogenousfinancing,butsuchfinancialarrangementsisonlyapplicabletotheenterprisesinthestart-upperiod,whentheenterprisedevelopmentintothepursuitoftechnologicalprogressandcapital-intensivephase,youneedexternalfundingsupport.Atpresent,China’scapitalmarketisfacingareal3problemonlyinclusive“regular”capitalmarketsizeistoosmallandcannotmeettheneedsofalargenumberofcorporatesecuritiesissuanceandtransferof,and,duetothetechnicalcapacityandtheShanghaiandShenzhenStockExchangemanagementcapacityconstraints,thecapacityoftheexchangecannotbeunlimitedexpansion.than2,600oftheworld’slargestnumberoflistedcompaniesintheNewYorkStockExchange,TokyoStockExchangelistedcompaniesislessthan2000ifthecapitalmarketwillshrinkintostockExchanges,alargenumberofenterprises,especiallysmallandmedium-sizedenterprisesisboundtobeexcludedfromcapitalmarkets,youneedarelativelylongperiodofdevelopmentandtheformationofmulti-levelcapitalmarke...