DocumentCode :
2408100
Title :
An alternative way of financing: Private capital lending in Wenzhou, Zhejiang Province
Author :
Wu Shan
Author_Institution :
Sch. of Manage., Zhejiang Univ., Hangzhou, China
fYear :
2012
fDate :
8-9 Nov. 2012
Firstpage :
282
Lastpage :
285
Abstract :
Private capital lending (PCL) is an emerging way of financing for startups and SMEs in China, especially in Wenzhou city. This paper introduces the current situation and mechanism of PCL, including the participants, contract, period and repayment. Besides, this paper also compares the PCL with some traditional ways of financing such as bank loans and VCs. Finally, this paper points out the existing risks of PCL and gives the recommendations.
Keywords :
contracts; financial management; small-to-medium enterprises; PCL; SME; contract; financing; private capital lending; repayment; Financing; Private capital lending; SMEs;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management of Technology (ISMOT), 2012 International Symposium on
Conference_Location :
Hangzhou
Type :
conf
DOI :
10.1109/ISMOT.2012.6679477
Filename :
6679477
Link To Document :
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