Coping Strategies for Financing Constraints of Small and Medium-sized Enterprises (SMEs) under Financial Intelligence Transformation

Yongyi  Li

doi:10.54254/2754-1169/78/20241643

Research Article

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Published on 18 April 2024

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Li,Y. (2024). Coping Strategies for Financing Constraints of Small and Medium-sized Enterprises (SMEs) under Financial Intelligence Transformation. Advances in Economics, Management and Political Sciences,78,84-90.

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Coping Strategies for Financing Constraints of Small and Medium-sized Enterprises (SMEs) under Financial Intelligence Transformation

Yongyi Li *^,1,

¹ Shandong Normal University, No. 1, University Road, University Science Park, Changqing District, Jinan City, Shandong Provincet, China

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/78/20241643

Abstract

With the development and progress of technological advancements, businesses are increasingly realizing that the transformation towards financial intelligence is a prevailing trend. In comparison to traditional finance, financial intelligence exhibits various changes and characteristics. This paper analyzes the issues surrounding the financing of small and medium-sized enterprises (SMEs), along with the current status and reasons for financing constraints. It combines the structure, path, and contribution of financial intelligence transformation to examine its impact on the reasons for financing constraints. Subsequently, considering the diverse influences, this paper proposes six relevant coping strategies tailored to address different issues related to financing constraints for SMEs. The research, rooted in the perspective of financial intelligence transformation, explores how SMEs can make more optimized choices when facing challenges of financing constraints in the new era.

Keywords

Small and Medium-sized Enterprises (SMEs), Financial Intelligence Transformation, Financing Constraints

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About volume

Volume title: Proceedings of the 3rd International Conference on Business and Policy Studies

Conference website: https://www.confbps.org/

ISBN：978-1-83558-379-1(Print) / 978-1-83558-380-7(Online)

Conference date: 27 February 2024

Editor：Arman Eshraghi

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.78

ISSN：2754-1169(Print) / 2754-1177(Online)

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