The Application Of Comprehensive Evaluation Method On Small And Micro Businesses Credit Rating System

Small and micro businesses play an important role in China’s national economic growth, but many financing difficulties restrict the development of small and micro businesses seriously. To deal with the problem, a credit rating system is needed. The existing credit rating system are all for large enterprises, which are not suitable for micro businesses and can’t reflect the real information reasonably.Aiming to relief the financing problems of the small and micro businesses, and build a credit rating system for small and micro businesses, a credit rating project of small and micro businesses in Zhejiang Province was carried out. The project is to build a credit information records and database of small and micro businesses, which will promote the effective communication among the government, banks and businesses.On the basis of the predecessor’s research, the article builds a special rating system for small and micro businesses with the comprehensive evaluation methods. First the article uses the analytical hierarchy process (AHP) method to build a new index system with proper weights. Then the article builds a fuzzy matrix using the exponential attenuation method in fuzzy comprehensive evaluation (FCEM). With more scientific and accurate method, to fully and truly evaluate the credit situation of small and micro businesses, the article use a case to analysis and study the credit rating index system. Finally the article put forward the policy recommendations based on the whole project of Zhejiang small and micro businesses credit rating program aiming to promote the development of both banks and small businesses.