Study on Credit Estimation of SMEs in China
|Keywords||small and medium enterprises Credit status Analytic hierarchy process|
In recent years, as economic growth of China, small and medium enterprises of rapid development have become a market economy one of the most active of the main, SMEs have become increasingly strong demand for funds, the main bottleneck of SMEs financing constraints is corporate credit rating imperfect, the community urgently needs SME credit evaluation, so,the study of credit to SMEs is significant.How scientific, objective and impartial evaluation of credit is a major problem related to the ease of SMEs financing , also related to future sustainable development of private enterprises of China.According to the different characteristics of enterprises, timely adjustments, revised credit rating standards adapt itself to the economic status and the characteristics of private enterprises of credit evaluation system is a top priority.In this paper, the domestic and international credit evaluation methods based on analysis and research, combined with the actual situation of SMEs in China, the construction of their own ideas has been proposed, combined with expert advice and AHP to determine weights, research to enterprises from the loans, profitability, management, credit conditions, asset utilization, and other aspects of the loan companies,so that we can measure their overall credit rating, combined with the corporate credit rating criteria for the classification to arrive at a credit score of SMEs, as the basis for financing institutions. This paper also pointed out that before the evaluation of small and medium enterprises, research the status of their faith is important, vote to the enterprise is because of itself untrustworthy. This article demonstrated the specific use of rating methods through specific case So the study of SME credit rating system has good practical and theoretical significance.