Private Offering Fund - A New Way for Small and Medium–sized Enterprises to Financing

Abstract

In recent two decades, because of its unique superiority, private offering fund has won a rapid development around the world, and become an important source of the fund of small and medium–size enterprises, especially for those in financial crisis. This paper analysises the necessity and feasibility of the current private financing of SMEs for the status quo of China's SME development and financing situation, which is based on the basic connotation and the characteristics of private offering fund, which provides SMEs with innovative financing ideas and some related recommendations for the problems occurring during the development of private offering fund in China.