Innovation on Financing Models for Small and Micro Enterprises in the Context of Internet Finance

DOI: https://doi.org/10.62517/jnme.202510506

Author(s)

Shuang Wu, Muchun Chen

Affiliation(s)

School of Economics, Guangzhou College of Commerce, Guangzhou, Guangdong, China

Abstract

Small and micro enterprises (SMEs), as a vital component of the national economy, play a significant role in promoting economic growth, expanding employment, and fostering innovation and entrepreneurship. However, the development of SMEs has long been constrained by issues such as difficulty in accessing financing and high financing costs. With the rapid development of internet technology and its extensive application in the financial sector, internet finance has emerged, opening new pathways for SMEs financing. Leveraging its broad accessibility and high convenience, internet finance is gradually reshaping the landscape of financial services, presenting unprecedented opportunities for SMEs financing. Based on this background, this paper conducts an in-depth analysis of the current financing status of SMEs, identifies problems in their financing processes, and proposes corresponding countermeasures and suggestions in line with the development trends of internet finance. The aim is to provide more comprehensive and efficient solutions for SMEs financing, thereby promoting their healthy and rapid development.

Keywords

Small and Micro Enterprises; Internet Finance; Financing Models; Innovation; Countermeasures

References

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