Research On Credit Technology Of Micro - Enterprise Loan In

With the deepening of the reform and opening-up policy in China, micro and small enterprises are playing an increasingly significant role in the national economy. Contemporarily, the burgeoning micro and small enterprises have a strong urge for financial support. Nevertheless, due to paucity of asset, lower transparency, lack of collateral and smaller financing scale, the financing difficulty has become a prominent problem, which has been one of the key factors hindering the further growth of micro and small enterprises. To solve this problem, the key is to create a credit system suitable for micro and small enterprises. Remarkably, Baoshang Bank introduces the technology and philosophy of German’s IPC Company and eventually creates its own microcredit technology that is based on essential data and suited to Chinese reality, after the standardization, solidification and optimization of IPC’s microcredit technology.Baoshang Bank’s credit technology for micro and small enterprises uses credit investigation technology to collect client’s information and applies information analysis technology to analyze the collected information so as to determine the client’s risk. The credit technology can effectively solve the problem of asymmetric information. This study based on the study of Baoshang Bank’s microcredit technology systematically conducted a comprehensive review and summary of the credit technology used by the bank. It was found that this credit technology had limitations in large amount cases, analysis technology costs, etc. Therefore, this study suggested that the technology of large amount cases should be refined and bulk operations should be carried out to improve the credit technology so as to make the credit technology more mature and perfect, which promoted Baoshang Bank’s s microcredit technology to keep pace with the times.