PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v8i3.11200ArticleThe Impact of Bank Credit on the Financing Constraints of Small and Medium-sized Enterprises in the Background of Digital Inclusive Financehttps://artdesignp.com/journal/PBES/8/3/10.26689/pbes.v8i3.11200QinChaofu,LiYun2025832025-07-15The rapid development of digital financial inclusion is profoundly changing the financing environment for small and medium-sized enterprises (SMEs). As an important driver of economic growth and innovation, SMEs account for a significant share of employment and GDP globally. However, the traditional bank credit model has long failed to effectively meet the financing needs of SMEs due to issues such as information asymmetry, high cost, and difficulty in risk assessment, resulting in serious financing constraints. Digital financial inclusion, through technological innovation and big data analysis, has significantly reduced credit costs, alleviated information asymmetry, and provided SMEs with more flexible and efficient financing channels. Research shows that digital financial inclusion can not only ease the financing constraints of SMEs, but also promote their innovation and growth, providing important support for building a more inclusive and sustainable financial ecosystem.

Huang Y, Huang Z, 2018, China’s Digital Finance Development: Present and Future. Economics (Quarterly), 17(4): 1489–1502.

Fu S, Pei P, Sun J, 2023, Digital Finance Development and Credit Risk of Commercial Banks. Journal of Beijing Institute of Technology (Social Sciences), 25(1): 145–155.

Xie P, Zou C, 2012, Research on Internet Finance Model. Financial Research, 2012(12): 11–22.

Zhan M, Tang Y, Li S, 2020, Digital Finance Development, Channel Effect Difference and Monetary Policy Transmission Effect. International Monetary Review, 2020(5): 22–38.

Wang X, 2015, Research on Internet Finance to Help Solve the Financing Difficulties of "Long Tail" Small and Micro Enterprises. Finance Research, 2015(09): 128–139.

Gomber P, Kauffman R, Parker C, Weber B, 2018, On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services. Journal of Management Information Systems, 35(1): 220–265.

Qiu H, Huang Y, Ji Y, 2018, The Influence of Fintech on Traditional Bank Behavior – Based on the Perspective of Internet Finance. Journal of Financial Research, 461(11): 17–30.

Gu H, Gao S, 2022, Whether Digital Finance Affects Risk Taking of Commercial Banks: Based on Evidence From 170 Commercial Banks in China. Science of Finance and Economics, 2022(04): 15–30.

Hu L, Dou Q, Liu C, 2022, Can Digital Finance Help Reduce the Risk of Commercial Banks? – Evidence From China’s Banking Industry. New Finance, 2022(01): 32–41.

Yu M, Pan H, 2008, Government Intervention, Rule of Law, Financial Development and Bank Loans of State-Owned Enterprises. Financial Research, 2008(9): 1–22.

Yu J, Wu B, 2021, Digital Finance and Risk Taking in Commercial Banks – Based on an Empirical Study of Chinese Commercial Banks. Comments Sankei Shimbun, 12(4): 108–128. DOI: 10.14007/j.cnki.CJPL.2021.04.008.

Zhang Z, Liu Y, 2022, The Impact of Digital Finance Development on the Operational Efficiency of Rural Commercial Banks: An Empirical Study Based on Unbalanced Panel Data From 2014–2018. Agricultural Technology Economy, 2022(4): 67–81. DOI: 10.13246/j.cnki.JAE.2022.04.002.

Gu H, Bian Y, 2022, Will Digital Finance Affect Banks’ Systemic Risk? – Based on the Evidence of Listed Banks in China. China Soft Science, 2022(02): 32–43.

Liu M, Wang Q, 2022, Digital Financial Impact on Commercial Bank Risk Bearing Mechanism Study. Journal of Accounting and Economic Studies, 4(01): 86–104. DOI: 10.16314/j.cnki.31-2074/F.2022.01.006.

Li Y, Hu T, 2023, Has the Local Government Digital Financial Service Platform Promoted Bank Credit Allocation? Journal of Guangdong University of Finance and Economics, 38(2): 4–18.