翻译（要求人工）

With the further development of market economy, small and medium-sized market has increasingly become the power that can not be ignored, but at the same time, there are serious problems. Among them, the financing issues, particularly the risk of financing small and medium-sized enterprises that affect the survival of the great one of the important reasons, so the risk of financing for small and medium enterprises in the prevention of early warning should be given extensive attention. In this paper, the risk of financing small and medium-sized start early theory, combined with study of business management enterprise life-cycle theory, the use of the ability to select funds, funds liquidity, hedge funds and value-added indicators of financial structure, and reflect the cash position of the indicators, as Construction Financing risk of early-warning system. Business case analysis combined with the sensitivity of these financial indicators, they can risk on the financing of enterprises