Research on Influence Factors of Financing Choice of Small and Medium-Sized Enterprises in China

In this paper with SPSS software analysis, it creates variables and model building, and derives an important factor affecting SME financing choices. It selects sales margin, total asset turnover, current ratio, total asset growth, total assets of the natural logarithm and asset-liability ratio as the explanatory variables, and chooses equity financing, debt financing for the explanatory variables. It investigates six variables through empirical analysis of different ways of financing and their correlation. Regression analysis is based on the results that it is obtained for each of the various factors. Finally, it finds relevant factors that ultimately affect SME financing, and corresponds countermeasures.