In recent years, small-medium sized private enterprises of Hebei province have made rapid progress, they play an important role in stimulating economic growth and employment in our province. But the dilemma in finance stays the further development of these enterprises .Aimed at the solution to the problems, the paper analyzes the present situation on finance for small-medium sized private enterprise of Hebei province,then the reasons why the enterprises slip into the dilemma are explained at the angle of financial agency, local government and these enterprises respectively. Finally the contermeasures based on cooperation among various parties are advanced to tackle the problem. Thus the practice can be inspired by the practical proposals.