Abstract：This paper takes into account the comprehensive factors that affect corporate financing, and a credit model is established based on the cases of single and multiple borrowers respectively. The model shows that the sources of financing difficulty of Hightech smallandmedium sized enterprises (Hightech SMEs) are lack of owned assets (including cash, physical assets and other collateral) and asymmetric information between banks and enterprises. Furthermore, based on the model, this paper suggests some measures that should be taken to solve the financing problem, and proves the rationality of the countermeasures through mathematics.
2012, Vol. 9 
