渠道堵塞 meaning in English

obstructed channel

These reasons lead smes to face the difficulty of financing . to solve this problem , it is necessary to set up the smes " credit guarantee system which should be posed and led by the government . this institution will make use of guarantee to rose banks to extend credit loans to smes
然而由于中小企业经营风险较大、信用信息不对称等劣势导致其间接融资渠道堵塞，加上直接融资渠道的欠缺，使中小企业面临融资难的困境，为解决这一难题，我国在政府主导下建立了中小企业信用担保制度，该制度利用担保这一私法手段激励银行向中小企业提供信用贷款，实现融资资本流向与流量的合理化。