| With the development of China's opening and reform, SMEs are playing an increasingly important role in the national economy. SMEs in China have gradually become an important power to push the development of national economy and maintain social stability. But SMEs in China are still located in the"weak"status in Chinese economy system, and its development still faces many problems, among which ,the financing difficulty is the universal and principal factor to constrain the development of SMEs. The main cause for difficult financing due to the problem of low credit appraising for SMEs. At present, the unfitness of the credit grading index system using the same criterion adopted by our country's commercial banks instead of special credit grading system for SMEs leads to the low credit assessment in a certain degree for SMEs and exacerbate their difficulty of financing.This article takes the matter of solving the problem of difficult financing SMEs as a start point, makes the founding of finance rating system special for SMEs as a breakthrough. This paper discusses the evaluation model, hoping to provide a scientific theoretical foundation for SMEs to resolve the difficult problem of financing. Then according to the faction of banks only providing short time loans to SMEs, carefully analysis the balance sheet of SMEs and the charaeteristies of finance of our country's SMEs. Based on the forecast and analysis of the company's cash flow of the coming year, we can guestimate the net short-term debt assets. And then we can estimate the current liquidation value of the net short-term debt assets with the index system selected, so evaluation of corporate credit can be drawn in the end. On this basis, we measured the the line of credit of enterprise by the evaluation results. Fanally, The author chooses an appropriate enterprise of Laiwu City of Shandong Province and evaluates its credit level using this model in the end of the paper. |
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