Introduction

Experience of developed countries has shown that small and medium sized businesses are the backbone of modern economies. In developed countries, small and medium enterprises have been played an important role in all areas of life for a long time. In Russia, the process of the development of small and medium-sized businesses started with the beginning of the country's transition in 1991 to a market economy.

Small and medium sized enterprises is a constant source of tax revenue, it creates more jobs, reducing the unemployment rate in the country. Finally small and medium sized enterprises more are mobile and easier to adapt to rapidly changing conditions. All this encourages the State and other counterparties of market relations, particularly banks, to actively participate in the development of small and medium-sized businesses.

In case the economies in most developed countries are mainly represented by the services sector, this sector has predominant share of small and medium-sized businesses. Russia is no exception. Small and medium enterprises are in fact one of the main sources of income for people, the source of their solvency and consumer activity. Small and medium-sized businesses are most easily controlled in terms of taxation as they have a clear and simple structure.

Small and medium enterprises play a significant role in the innovative development of our country and other developed countries, since such enterprises are investing in high-tech industries, but Russia today is far behind Western countries in this question.

Only 6% of small and medium-sized businesses engaged in the development of scientific research and experimental activities. But the field of innovation gives the possibility for more rapid development, as well as for the development framework for the creation of larger enterprises. Today the State is increasingly seeking to take care of the development of small and medium-sized businesses. It makes different steps in this direction which include programs to support small and medium-sized businesses, preferential credit terms and steps to eliminate administrative barriers.

As you know, one of the macroeconomic objectives of the state is to achieve full employment. It is difficult to overestimate the role of small and medium-sized enterprises in the labor market, as they are the main source of employment. Creating new jobs such organizations solve the problem of unemployment among young people and women. And this in turn leads to socio-economic and political stability in the society.

Lending to small and medium-sized businesses is a very important topic because such enterprises often have lack of the equity required for the development, and the loan can solve many operational problems, as well as long-term objectives. Lending also helps to develop innovative economy.