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一、企业并购融资存在的问题 (一)融资渠道狭窄融资渠道狭窄是制约我国并购交易发展的瓶颈之一。目前较常用的并购融资渠道有企业自有资金、银行信贷、非银行金融机构贷款、发行有价证券等,正规渠道融资大部分是通过银行信贷实现的。但我国《贷款通则》明确规定,除国家规定的情况外, 银行信贷不能用于股权性质的投资,
First, corporate mergers and acquisitions financing problems (A) narrow financing channels Financing channels are restricting the development of China’s M & A transactions one of the bottlenecks. At present, the most commonly used financing channels for M & A include self-owned funds, bank loans, loans from non-bank financial institutions, issuance of securities, etc. Most of the formal channel financing is realized through bank credit. However, China’s “General Rules for Loans” clearly stipulates that, except as provided by the state, bank credit can not be used for investment in the nature of equity,