legal ground
"People's Republic of China (PRC) SME Promotion Law" fourteenth.
The People's Bank of China should comprehensively use monetary policy tools to encourage and guide financial institutions to increase credit support for small and micro enterprises and improve their financing environment.
Article 16
The state encourages all kinds of financial institutions to develop and provide financial products and services suitable for the characteristics of small and medium-sized enterprises.
National policy financial institutions shall provide financial services to small and medium-sized enterprises in various forms within their business scope.
Article 20
When small and medium-sized enterprises apply for secured financing with accounts receivable, the payer of their accounts receivable shall confirm the creditor-debtor relationship in time and support the financing of small and medium-sized enterprises.
The state encourages small and medium-sized enterprises and payers to confirm the relationship between creditor's rights and debts through the accounts receivable financing service platform, so as to improve financing efficiency and reduce financing costs.