本文以湖北省315家和江苏省276家中小企业问卷调查数据为基础,并结合现场访问、座谈获得的信息,对中小企业融资问题进行深入分析。研究结果显示,融资渠道单一、融资成本高和融资程序复杂等原因,导致中小企业流动资金不足和中长期资金难以通过贷款方式获得,资金短缺影响了中小企业的经营和发展;经济发展水平、产业集中程度和社会化服务水平等是影响企业融资的外在因素,企业规模、信用等级和成长阶段等是影响企业融资的内在因素。缓解融资难题需要中小企业和政府共同努力,中小企业需提高自身经营水平,增强外部融资能力;政府除了要大力发展经济、提高产业集中程度和完善社会化服务体系外,更要注重针对不同成长阶段的中小企业采取相应的政策措施。 Based on the survey data of 315 small and medium-sized enterprises in Hubei Province and 276 small and medium-sized enterprises in Jiangsu Province, this paper combines in-site visits and information gained from the discussion to conduct in-depth analysis of the financing of SMEs. The research results show that the reasons for the single financing channels, high financing costs and complicated financing procedures have led to the lack of liquidity for medium and long-term SMEs and the difficulty in obtaining medium and long-term funds through loans. The shortage of funds has affected the operation and development of SMEs; the level of economic development and industry Concentration and social service levels are external factors that affect corporate finance. Firm size, credit rating, and growth stage are internal factors that affect corporate finance. Mitigating the financing difficulties requires the joint efforts of SMEs and the government. SMEs need to improve their operating standards and enhance their external financing capabilities. In addition to the government’s efforts to develop the economy, increase industrial concentration, and improve the social service system, it is necessary to focus on different stages of growth. SMEs take corresponding policy measures.