Abstract: Financing difficulties of SMEs is a long-standing problem. NEEQ has the characteristics of lower threshold so that more SMEs can have access to financing channels. This thesis uses DEA model to do an empirical analysis about total technical efficiency, pure technical efficiency and scale efficiency of 62 NEEQ SMEs from 2011 to 2014. The empirical analysis shows the financing efficiency of NEEQ SMEs is not high and nearly half of the enterprises cannot have access to valid financing. The main reason for lower total technical efficiency lies in the small size of enterprises. The return to scale of most enterprises is increasing. That shows the main problem of NEEQ SMEs is small size of enterprises, which need expand the financing scale to achieve economies of scale. In terms of a particular year, regardless of the total technical efficiency, pure technical efficiency, and scale efficiency, the efficiency of financing for NEEQ SMEs can be found increasing gradually.