摘要:随着经济全球化和科学技术的发展，我国中小企业已经成为国民经济不可忽视的力量,而我国中小企业融资的步伐落后于世界发展的脚步。民间融资在在解决中小企业资金短缺、提高资源有效配置、弥补正规金融不足等方面发挥着积极作用，但其不规范性也冲击着商业银行的发展、影响货币政策的制定实施并加大了金融风险。本文对民间融资在我国经济发展中的积极作用进行了探讨，同时也指出了民间融资存在的一些负面影响，并提出了规范其发展的对策建议。

关键词：民间融资  利弊  对策

Abstract: Along with the development of economic globalization and scientific technology, Chinese small and medium-sized enterprises have become a force that can not be overlooked in the national economy.  The financing of Chinese SMEs in the world behind the pace ofdevelopment.Private financing played an active role in solving the shortage of funds for SMEs  to improve the efficient allocation of resource and  to make up for insufficient formal financing.  But it does not normative but also the impactof the development of commercial banks, to influence the formulation and implementation of monetary policy and increased financial risk.In this paper, we discuss the positive role of private financing in China's economic development, also pointed out are some of the negative impact of private financing, and regulate their development suggestions.

Key word:private financing; advantages and disadvantages; solution

　　首先，同为金融机构，民间金融机构与正规金融机构之间必然会有业务上的重合，财金之窗因此会形成一种此消彼涨的替代关系，民间金融在融资过程中一般采用高利率手段，这样就会诱导一部分居民个人的资金流向民间金融机构，从而分流了正规金融机构的储户；此外，由于民间金融市场的高收益性，会吸引正规金融机构的信贷资金进入民间金融市场，投资风险较高的项目。其次，因为对于既有银行贷款又有民间金融机构贷款的企业，在偿还贷款时一般会考虑先偿还后者，这就给正规金融机构的正常运营带来不确定性，这显然会对正规金融造成一定的冲击，并削弱金融主渠道对经济发展的支持作用。