What are the innovative ways of financing SMEs?

Innovative ways of financing for small and medium-sized enterprises: buyer's loans; project development loans; individual entrusted loans; intangible assets guarantee loans; comprehensive credit; credit guarantee loans; export foreign exchange loans; bill discount financing; financial leasing; natural person guarantee loans; off-site joint collaboration loans; pawn financing.

Legal Basis

Article 18 of the Law of the People's Republic of China on the Promotion of Small and Medium-sized Enterprises (SMEs)

The State improves the system of multi-level capital market, promotes equity financing through multiple channels, develops and regulates the bond market, and promotes small and medium-sized enterprises (SMEs) to utilize direct financing in various ways.

Article 19

The State improves the system of secured financing, and supports financial institutions to provide secured financing for small and medium-sized enterprises using accounts receivable, intellectual property rights, inventory, machinery and equipment as collateral.