[摘 要] 中小企業(yè)是中國經(jīng)濟(jì)發(fā)展的不竭動(dòng)力，是構(gòu)造市場經(jīng)濟(jì)的主體，是促進(jìn)社會穩(wěn)定的基礎(chǔ)力量。但是融資問題一直是困擾和制約中小企業(yè)發(fā)展的難題。盡管中國政府在改善中小企業(yè)融資困境上出臺了不少政策，但收效甚微。在美國次貸危機(jī)引發(fā)的全世界金融危機(jī)的影響下，使得中小企業(yè)融資呈現(xiàn)新情況、新問題，融資環(huán)境不斷惡化，中小企業(yè)融資能力持續(xù)下降，融資渠道相應(yīng)減少，甚至出現(xiàn)了大批中小企業(yè)由于資金鏈斷裂，紛紛倒閉的現(xiàn)象。在這種環(huán)境下，我國中小企業(yè)融資面臨著更大的挑戰(zhàn)，如何解決中小企業(yè)融資難問題已成為社會各界日益關(guān)注的焦點(diǎn)和熱點(diǎn)問題之一?？梢娫诋?dāng)前金融危機(jī)侵襲下，重新探討中小企業(yè)融資難問題關(guān)系到中小企業(yè)的生死存亡，更加具有重要的現(xiàn)實(shí)意義。

[關(guān)鍵詞] 金融危機(jī) ；中小企業(yè) ；融資租賃 ；聯(lián)貸聯(lián)保

U.S. subprime mortgage crisis in the context of SME financing difficulties and Countermeasures
Abstract：SMES(Small and medium enterprises) are the inexhaustible motive force for China's economic development which is the main structure of the market economy and base strength to promote social stability. But financing problems is always distresses and constraints of SMEs’ development. Although the Chinese government has improved financing difficulties of SMEs which made a number of policies, but the effect was very small. The United States subprime mortgage crisis led to the world financial crisis, and making SME financing to at new situations and have new problems, deteriorating financing environment, financing capacity of small and medium enterprises continued to decline, a corresponding reduction in financing, and even a large number of SMEs in the capital chain have been closed down . In this situation, the financing of SMEs in China faced a bigger challenge, how to solve the problem of financing SMEs have become the hot issues around the world. We can see that under the attack of the current financial crisis, to explore the financing problem of SMEs related to the survival of small and medium enterprises, has a more important and realistic significance.

Keywords：financial crisis ；SMEs ；financial leasing ；joint loan

目 錄
1 緒論 1
1.1 文獻(xiàn)綜述 1
1.1.1 國外的研究綜述 2
1.1.2 國內(nèi)的研究綜述 3
1.2 研究框架 4
1.3 術(shù)語說明 5
2 金融危機(jī)對中小企業(yè)的影響 6
3 金融危機(jī)下中小企業(yè)融資困境的原因分析 8
3.1 宏觀原因 8
3.1.1 金融危機(jī)的影響 8
3.1.2 政府政策環(huán)境不夠完善 9
3.2 微觀因素 10
3.2.1 企業(yè)自身 10
3.2.2 銀行角度 12
4 金融危機(jī)下緩解我國中小企業(yè)融資難的對策 15
4.1 創(chuàng)新型融資方式 15
4.1.1 融資租賃 15
4.1.2 建立中小企業(yè)無形資產(chǎn)評價(jià)機(jī)制 16
4.1.3 聯(lián)貸聯(lián)保 18
4.2 建立多元化的中小企業(yè)融資體系 19
4.2.1 內(nèi)源融資體系 19
4.2.2 間接融資體系 20
4.2.3 直接融資體系 22
結(jié)論 24
致 謝 26
參考文獻(xiàn) 27