Study on the optimization path of SME financing services in the context of the epidemic

School of Economics, Wuhan University of Technology, Wuhan, China

^* Corresponding author: zhourui@whut.edu.cn

Abstract

The status of SMEs in the national economy has become increasingly prominent, but due to the factors like their small scale, imperfect information disclosure, the problem of financing difficulty and high financing has always restricted the health of SMEs in China. This report takes Wuhan as an example, which is the earliest affected by the COVID epidemic, starting from the new financing difficulties and the development of banking business of SMEs in Wuhan under the background of the epidemic, explores the methods to guide the three parties of banks, enterprises and governments to improve services, so as to better play the role of alleviating the new financing pressure of SMEs, and puts forward some suggestions, such as promoting the interaction of government and banks’ information, establishing an efficient punishment mechanism for enterprises’ dishonesty, and strengthening the supervision A series of countermeasures and suggestions, such as accurate product service innovation of fast financial institutions, guiding the docking of supply chain and bill financing platform. These suggestions have important reference significance and practical reference value for better adapting to the new characteristics of financing in the post epidemic era and alleviating the financing pressure of SMEs.