Proceedings of the 2020 International Conference on Social Sciences and Big Data Application (ICSSBDA 2020)

Analysis of OFO’s Financing Problems

Authors
Yan Fang, Ying Hu, Guihua Guo
Corresponding Author
Yan Fang
Available Online 2 November 2020.
DOI
https://doi.org/10.2991/assehr.k.201030.045How to use a DOI?
Keywords
SMEs, financing, OFO
Abstract
As a representative of the rapid rise of Small and medium-sized enterprises, OFO has gone from glory to failure in just six years. The main reason for it is that financing difficulty and the reasonable use of financing funds that SMEs generally need to face during their development. To solve this problem, China should carry out comprehensive reforms of the rule of law and finance to alleviate bank loan risks and establish the status of SMEs. Meanwhile, companies themselves should also pay attention to the correct use of financing funds in order to finance better.
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Proceedings
2020 International Conference on Social Sciences and Big Data Application (ICSSBDA 2020)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
2 November 2020
ISBN
978-94-6239-266-3
ISSN
2352-5398
DOI
https://doi.org/10.2991/assehr.k.201030.045How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yan Fang
AU  - Ying Hu
AU  - Guihua Guo
PY  - 2020
DA  - 2020/11/02
TI  - Analysis of OFO’s Financing Problems
BT  - 2020 International Conference on Social Sciences and Big Data Application (ICSSBDA 2020)
PB  - Atlantis Press
SP  - 218
EP  - 221
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201030.045
DO  - https://doi.org/10.2991/assehr.k.201030.045
ID  - Fang2020
ER  -