Small and micro enterprises are an important part of China’s national economy, and the Chinese government attaches great importance to their important role in promoting supply-side structural reform, promoting high-quality development, and building a modern economic system. The difficulty of financing is the main factor restricting the development of small and micro enterprises. Poor debt financing, lack of shareholder support, operational characteristics of small and micro enterprises, deleveraging policies, Sino-US trade frictions, etc., are the main reasons for the financing difficulties of small and micro enterprises. Measures such as standardizing the operation of small and micro enterprises, improving the financial service system, improving the management system, improving the mortgage guarantee ability, and enhancing the risk identification ability can be taken to alleviate the financing difficulties of small and micro enterprises.

Ⅰ. Introduction
Ⅱ. Analysis of the Current Situation of Financing Problems of Small and MicroEnterprises
    1. Difficulty in Equity Financing
    2. Limited bank credit
    3. High Rate of Bond Defaults
    4. Poor Financing of Non-Bank Financial Institutions
Ⅲ. Analysis of the Causes of Financing Problems of Small and MicroEnterprises
    1. Characteristics and Management Status of Small and Micro Enterprises
    2. The availability of Credit by Commercial Banks Is Limited
    3. Affected by Policies such as Deleveraging
    4. Lack of Shareholder Support
    5. Impact of Sino-US Trade Frictions
Ⅳ. Research on Improvement Plans for Financing Problems of Small and MicroEnterprises
    1. Adhere to Scientific and Technological Innovation and Raise Funds ThroughMultiple Channels
    2. Improve the Service System of Financial Institutions and Innovate FinancialProducts and Services
    3. Improve the Management Mechanism and Promote the Development of Small andMicro Enterprises
    4. Promote the Development of Mortgage Guarantee Business and Improve the Abilityof Small and Micro Enterprises to Obtain Funds
    5. Innovate Risk Identification Models Based on Big Data to Improve RiskIdentification Capabilities
    6. Standardize the Operation of Small and Micro Enterprises to Improve EconomicBenefits
Ⅴ. Conclusion
References

• Jin Zheng(Instructor, Business School, Shandong Normal University, China)
• Zhou Rui(Grade Seven Officer, Jinan Shizhong District Park Management Service Center, China) Corresponding author