The Analysis Of Small And Medium-sized Enterprises Credit Rating System In Shandong Province Rural Credit Cooperative

Since the reform and opening up, the small and medium enterprises develop very well, they have become the most dynamic economic cell in economic activities, played very important part in sustained, rapid and stable development. However, with the market economy developing, it is more and more difficult for SMEs to finance in the process of development, especially financing from state-owned bankt. The narrow channels of financing have seriously hampered the development of private economy.Because of short time that rating of the, the credit rating system to SMEs is not perfect for the rural credit cooperatives. The distribution of score among the indicators is too subjective in the rating method, it is also lack of analysis of the company's future solvency in the rating process. Therefore, the rating system of rural credit cooperatives need to be further improved.The paper analyzes the credit rating problems of SMEs in the current rural credit cooperatives of Shandong Province, and on the basis of the analysis, referencing the experience of corporate credit rating in domestic and external. Taking textile industry for example, and combining the characteristics of SMEs closely, with science and targeted to guidelines, we designed an index system of credit rating for small and medium textile enterprises, which increases the cash flow analysis and remove some of the relevance indicators which is too much. After determining the credit rating index, we use the analytic hierarchy process to determine the weight of each index, and design appropriate assessment criteria. The paper select the small textile enterprises in areas of Liaocheng - Sunrise Textile Co. Ltd. as a case study enterprises to validate the rating indicators and rating the usefulness and feasibility of the methods . We increase the rating re-evaluation and tracking the return-type test ratings of rating results after credit rating of the enterprise. By testing and verifying, the credit rating indicators and rating methods of the small and medium textile enterprises which are identified in the paper has strong practicability, feasibility and has some reference value.