Study Of Sme Financing Credit Rating

The financing difficulties has been a major problem of which small and medium-sized entities (SME) faced. To SME, there are many reasons for financing difficulty, credit risk assessment is very important reason. Based on the present situation of SME's financing difficulty and reason analysis, and combined with Enterprise Competitive Advantage theory, Enterprise Growth Stage theory, Commercial Bank Credit Risk Management theory and Bank Credit Rating theory, from the enterprise itself survival and growth factors, credit rating standard factors and commercial bank's credit risk management factors three aspects, the article try to set up a new SME credit rating index system, after the analysis of relevant factors and modifying the credit rating index system.This article first introduces the present situation of the SME financing in China, proposes the question needed to be solved. Then it introduces the basic theories and methods of credit rating. Next, from three different angles, subject characteristics, debt features and credit risk management, this article combs the result of study on the related factors to affect the enterprise survival, growth and financing credit, in order to find the related factors which can properly explain enterprise's solvency and debt repayment will.Afterwords, combining the SME's survival and development characteristics, with debt features, credit risk management measures and other related content, the author trys to design a index system which can meet the need of SME financing credit rating.Finally, the author uses the example to verify the new SME financing credit rating index system.