Research on The Innovation of Financing Model Under the Digital Transformation of Catering Micro and Small Enterprises

Abstract

Catering micro and small enterprises have been disadvantaged in financing, with narrow financing channels and high financing costs. With the arrival of digital economy, various innovative financing models such as big data credit, supply chain finance and tax-for-loan have emerged. According to the stage of digital transformation they are in, catering micro and small enterprises should choose these innovative financing models in a timely manner to solve their financing difficulties and expensive financing problems.