In the process of China's economic development, small and medium-sized enterprises, as an important part of China's national economy, play an important role in promoting the rapid growth of the national economy, absorbing labor and employment, and building a harmonious society. Affected by the economic downturn since 2013, Yulin City, as the national energy and chemical industry base, has experienced a sharp drop in the prices of its pillar products, coal and oil. The economic situation of small and medium-sized enterprises in Yulin has become increasingly difficult, the credit system has been damaged, private debt has defaulted, and the non-performing rate of financial assets has continued to rise [2]. However, the rapid development of private lending, including direct lending, enterprise fund-raising - stock collection, capital intermediary, has the characteristics of rich funds, flexible and fast, to a certain extent, alleviate the financing difficulties of small and medium-sized enterprises. In this paper, the author chooses the private loans for small and medium-sized enterprises in Yulin city as the entry point, puts forward the current situation of private loans for small and medium-sized enterprises in Yulin City, and then puts forward the relevant problems. Finally, the author summarizes the countermeasures of private loans financing for small and medium-sized enterprises in Yulin City, and makes theoretical supplement for the development of private loans in China.

Rui Yuan. Research on the financing problem of private lending of small and medium-sized enterprises in Yulin city. Academic Journal of Business & Management (2024) Vol. 6, Issue 8: 242-249. https://doi.org/10.25236/AJBM.2024.060836.

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