The Research On Credit Evaluation Of SMEs Based On Supply Chain

The Small and Medium-Sized Enterprises(SMEs) have become a very important part of modern economy. But because of the limitation of SMEs, most SMEs meet the capital problems, which counteract the development of SMEs. Supply chain financing as a new financing model specializing on SMEs supplies a good way to resolve the puzzledom. In finance services of supply chain, commercial banks view the related enterprises in supply chain as an integration and design the financing product based on the trade relation. It could bring the capital flow to supply chain effectively to improve the financing problem of SMEs. But the current credit evaluation system doesn't apply to the need of the model of supply chain financing and the result is that it's difficult to promote this new financing model. So it is necessary to study the credit evaluation system of supply chain financing for SMEs.The research mainly studies four parts on the basic of research existed. Part one, the interrelated theory of supply chain finance and financing model are discussed which establish the theory basic for the study after. Part two, firstly, on the basic of summing-up traditional index system of credit evaluation, the principle of selecting index is pointed out. Then, non-financial index system of credit risk evaluation, which combines the characteristic of supply chain, is built based on the study above. Part three, using the method of AHP (Analytic Hierarchy Process) and Grey Correlation Analysis to evaluate the credit level. Part four, use the above evaluation system and method to analyse the practical case, helping commercial bank to make credit decision.The content in the research is innovation and applicability in practice definitely. So it is wished to offer some assist for commercial banks, when bringing finance services of supply chain into effect, and to realize the purpose of improving the financing puzzledom of SMEs.