【作者】 李洁；

【导师】 惠恩才；

【作者基本信息】 东北财经大学 ， 投资经济， 2011， 硕士

【摘要】 自改革开放以来,我国中小企业对国家经济发展的贡献着越来越大,而国家经济的飞跃又给中小企业的发展提供了良好的外部环境,二者可以说是相辅相成的。然而,融资困难一直以来都是我国中小企业发展的主要障碍,资金问题得不到较好的解决,那么这些企业就难以发展,甚至导致最终破产倒闭。过去许多传统的融资模式对中小企业来说,其适用性是有限的。本文首先介绍的就是融资租赁的概念,之后分析我国中小企业的融资现状并探究其融资难的原因,而对融资租赁模式的相对优势分析及风险分析,说明了其对缓解中小企业的融资难问题具有一定的适用性,并通过不同方案的对比和案例的分析,更好的证明了其可行性。最后基于企业生命周期理论,依据处于不同发展阶段的中小企业的资金需求特点,提出对具体融资租赁形式的选择和利用的建议,使得本文的研究意义更具实践性。本文以文字阐述为主,并在相关统计数据及图表的基础上进行定量分析,保证通过定量分析与定性分析两者相互结合的科学论证,实现文章准确的指导意义。此外,本文还运用了比较分析和个案研究的方法加以补充,使得论文研究成果更具可行性和现实意义。本文分为五大部分,其基本研究框架如下：第一章是绪论。该部分主要介绍论文的研究背景和意义以及相关的国内外研究综述。第二章是有关融资租赁概念及理论的介绍。该部分先从融资租赁的基本概念、程序、形式几个方面入手,简明扼要的地阐述了融资租赁的要义和我国中小企业的界定标准,之后在此基础上对其相关理论进行叙述,为下文研究铺陈了理论背景。第三章是我国中小企业的融资概述。由于本文研究对象是我国的中小企业,所以该部分先从我国目前中小企业的发展状况看出其对我国经济发展的重要性,并分析了其主要发展限制(融资问题)的现状,探寻融资难的内部及外部原因。第四章是我国中小企业利用融资租赁的优势、决策、风险与案例分析。该部分是在第三章的基础上,为中小企业融资难寻求更为有效的缓解途径,从定性角度对融资租赁模式的优势进行分析,另外从定量角度进行决策分析,但任何融资模式都不可能完美,这其中必定包含一定的风险因素,因此这个部分还包含了对融资租赁的风险分析。最后通过完整的案例分析来说明融资租赁对缓解中小企业融资难问题具有较为明显的有效性。第五章是针对处于不同发展阶段的我国中小企业对融资租赁选择利用的建议。该部分首先是由企业的生命周期理论总结出企业在不同阶段资金需求的特点,从而进一步分析中小企业分别在创业阶段和成长阶段初期、发展期和成熟期对融资租赁的具体选择和利用。更多还原

【Abstract】 Since the reform and opening up, Chinese SMEs have contributed greatly to the national economic development. And the rapid development of the national economy has provided a favorable external environment to the SMEs. They are complementary. However, financing difficulty has long been a main obstacle to SMEs’development in China. Financial problems could not be solved well. Then these companies will be difficult to develop, even lead to the eventual bankruptcy. Over the past many of the traditional financing models for SMEs, its applicability is limited.This paper first mentions the concept which financial lease, analysis of the financing situation of SMEs and to explore the reasons for their difficulties in financing. Financial lease model for analysis of comparative advantage and risk analysis, proves that some applicability to easing the problem of financing SMEs. Through the different plan contrast and the case analysis, it has better proven its feasibility. Finally, based on corporate life cycle theory, according to the financial needs of small and medium characteristics at different stages of development, it makes recommendations for the selection, uses the specific forms of financial lease and let the significance of this paper be more practical.This paper uses illustration as the main way, carries on the quantitative analysis on the basis of statistical data and graph foundation. Through the combination of quantitative and qualitative analysis between scientific feasibility studies, it achieves guiding significance, In addition, the paper also uses the comparative analysis and case study approaches as supplement, making papers research results more viable and more practical.This paper is divided into five parts, the basic framework for the study are as follows:Chapter 1 is the introduction. This section describes the research background and significance, and related international research review. Chapter 2 is about concepts and theories of financing lease. This part starts with some aspects like the basic concept of financial lease, order and form, succinctly describes the essence of financial lease. Based on this description of its related theories, it has laid a theoretical foundation for the following study.Chapter 3 is an overview about the situation of Chinese SMEs in financial lease. This study is aimed at SMEs in China, so that it is to define our standards as a starting point for SMEs. We can see its importance to Chinese economic development from the development of small and medium enterprises in China. Then it analyses the present situation of its main development constraints (financing problem), and explore the internal and external causes.Chapter 4 is that advantages, decision-making, risk and case analysis of Chinese SMEs which using financing lease. This section seeks more effective ways to ease the financing of SMEs based on the third chapter, it analyzes the advantages from the qualitative point. Besides that, it analyzes decisions from a quantitative point of view, but any financing models will not be perfect. This section also contains risk analysis of financial lease. Finally, it proves the certain effectiveness to difficulties in financing of SMEs through a full case analysis.Chapter 5 is about the recommendations of financial lease option and use according to the development of Chinese SMEs at different stages.The part summarizes characteristics of the funding needs of enterprises in different stages by the theory of enterprise life cycle, thus further analyzes the SMEs selection and use of financial lease in various stages of the life cycle.更多还原