Application Study Of Analytical Hierarchy Process In Small-and-medium-sized Businesses Credit Evaluation

With the development of China's opening and reform, small-and-medium-sized businesses are playing an increasingly important role in the national economy. These small-and-medium-sized businesses are calling for the support from the scientific credit evaluation tools. As it is, the research on the evaluation methods of small-and-medium sized businesses are limited; instead, most research mainly focuses on traditional credit evaluation method, financial ratio analysis and credit measurement analysis model. Due to imperfection of these methods, the evaluation of the small-and-medium-sized businesses credit may be better analyzed by using some other method. Hence, this paper tries to use Analytical Hierarchy Process in its analysis of the credit evaluation of small-and-medium sized businesses, hoping to find out to the solution to the development of small-and-medium sized businesses.This paper studies the credit evaluation of small-and-medium sized businesses and discusses the evaluation model and method, hoping to provide a scientific theoretical foundation for small-and-medium sized businesses to resolve the difficult problem of financing.This paper first introduces the research background of the small-and-medium-sized businesses and research status as well as some conceptions and theories both at home and abroad. Drawing on the research results of different experts and scholars, the author tries to put forward an"Analytical Hierarchy Process"credit evaluation model.Then, the author presents a case study based on an enterprise and makes a further analysis of it evaluation outcome in general and each aspect. After that, we discuss the result of credit evaluation we have gotten. Finally, we explain some research limitations and bring forward some suggestions for further study.