Study on the Small and Middle-Sized Enterprises Credit Guarantee Legal System

In this article, we put forward the small and middle-sized enterprises (SMEs) credit guarantee is the effective measure to solve the financing difficulty for SMEs. Through the analysis of the actuality of Chinese SMEs credit guarantee legal system, we try to find the shortages such as the deficiency of the SMEs special guarantee legislation, the unreasonable capital financing structure, the risk prevention and control system without legal references, and the imperfect credit legal system. According to present shortages, we put forward corresponding advices, i.e. constituting basic law of the SMEs credit guarantee and perfecting the credit laws system.