Research on Financing Model of Small and Medium-Sized Enterprises under the Background of Digital Finance

With the popularization of a new generation of information technology such as the Internet and big data technology, China's development has entered the era of digital economy, and digital finance has become an important force to promote economic transformation. Small and medium-sized enterprises play an important role in economic and social development and employment in our country, and the choice of financing way of small and medium-sized enterprises is of great significance to its stable development.In this context, this paper explores the impact of digital finance on the financing mode of smes. First, it summarizes the concept, characteristics and development status of digital finance. Secondly, it analyzes the current financing mode, advantages and disadvantages of smes. This paper analyzes the financing difficulties faced by smes from three aspects, such as smes themselves, financial institutions and intermediary service institutions. Finally, it concludes that the benefits of digital finance for smes' financing lie in expanding the financing channels of enterprises, reducing the operating costs of smes and realizing diversified financing models.