Practical path of SME financing problems from the perspective of fintech

Abstract

The financing difficulties of small and medium-sized enterprises have always been the main obstacle in the growth process of small and medium-sized enterprises. Meanwhile, the trial and error costs hidden in different stages of development in the growth process of small and medium-sized enterprises are also hindering the development of enterprises. This paper analyzes the enterprise side factors of financing difficulties of small and medium-sized enterprises and the different growth stages of small and medium-sized enterprises that may generate large trial and error costs, and puts forward the scheme of using fintech to alleviate the financing constraints of small and medium-sized enterprises and reduce the trial and error costs of small and medium-sized enterprises from the aspects of enterprises, banks and governments.