Shared finance embodies the concept of sharing, which is different from traditional finance where the three parties of supply, demand, and intermediary participate in transactions. Instead, it is disintermediated, where the supply and demand sides of funds directly engage in matching transactions and share social resources equally and with compensation. On the basis of defining the connotation of shared finance, this article aims to solve the operational difficulties of small and medium-sized enterprises, and combines with the structural reform of the financial supply side to analyze the development mode of shared finance for small and medium-sized enterprises, and proposes the path for the development of shared finance.