An Empirical Study on China's SME Relationship Loan and Its Availability and Loan Cost

摘要

China's small and medium-sized enterprises are mainly financed by bank loans, and there are some issues such as limited financing amount and financing difficulties. Under the background of fierce competition in large banking business, community banks mainly provide personalized financial services, and gradually form the relationship loan model for SMEs. On the basis of literature review, this paper uses questionnaires and data analyze to study the availability and cost of SME loans, in order to provide new ideas and paths for SME loans in China. The research results show that: 1) the long-term business relationship with banks help enterprises to obtain loans; 2) the establishment of business relationship between enterprises and banks will lead to a reduction in the amount of loans from each bank, but also reduce the cost of loans; 3) the closer the business relationship between enterprises and banks, the availability of loans and loans in the bank. The lower the cost. Relational lending model has a good prospect in China. It is necessary to guide and gradually develop this new lending model, which can not only improve the performance of banks, but also help to solve the financing problems of small enterprises in China.