Discussion On Anhui Province SME Financing Model Strategy Based On Third-party Rating Strategy

Small and Medium enterprises (SME), as the main body of China’s economic development, has an irreplaceable role both in promoting economic growth and increasing employment. Its financing characteristic and influence factors, have been the subject of extensive concern of the academic circles. A large number of facts illustrate, only a few enterprises can finance from banks and other financial institutions. And from the practical point of view, the financing channel of SME is still focused on mainly bank loans financing. If the financing problems of SME are not effectively addressed, its development will be seriously restricted.This paper dicusses the financing problem of SME connecting with the practice and taking Anhui Province as the research object. In order to recognize the cause of SME’s financial difficulty from financial institutions like the ban, We from two aspects, as fellows,(1) Through to the domestic and foreign scholars about the small and medium-sized enterprise financing theory research results of the comprehensive analysis, found the financing of small and medium-sized enterprises facing the credit rationing and the root cause of the problem is information asymmetry in the absence of credit.At the same time, also found that the enterprises credit rating level will directly affect the enterprise’s financing costs.In the domestic scholars on the financing of small and medium-sized enterprises on the basis of the study, analysis of domestic scholars on the establishment of small and medium enterprises credit evaluation system for small and medium-sized enterprises’financing ideas.(2) Systematically, we card the modern enterprise financing theory systematically, and on this basis, analyze the main problems and the reasons really existing in the financing of small and medium-sized enterprises in the nation and Anhui Province, summed up the various manifestations of the financing difficulty of small and medium-sized enterprises, and discuss the reasons of financing of small and medium enterprises from inside and outside respects. Lastly, internal cause is mainly representing as follows, mismanagement, collateral is insufficient, the financial system is not perfect and so on, external cause is expressed as the current bank wind control system has some defects, the financial system is not perfect, financing channel is too small, lack of social credit information platform and other problems cause poor SMEs credit financing environment.Meta-analyzing internal and external factors, internal factors play a leading role. It is due to many problems existing in small and medium enterprises that causing problems like lacking of credit, the lower credit rating ledding to the financing difficulty of small and medium-sized enterprises. So how to increase the credit of small and medium-sized enterprises, and how to solve the problem of lacking credit? To establish a set of credit evaluation system suitable for medium-sized and small enterprises is a good way to solve this problem. Therefore, this article from analyzes the present development situation of social credit evaluation system in Anhui, finds that the bottleneck of current enterprise credit evaluation lies in the lack of professional, independent third party credit rating agencies as the principal part in credit evaluation. On this basis, we analyze the necessity and the feasibility of the third party rating agencies involving in the province’s small and medium enterprises credit evaluation system, and put forward specific requirements of the third party credit rating agency Standard.From the economic and social development of Anhui province’s actual situation, this article according to three modules like the rating of the main to the enterprise information collection, enterprise credit rating technology, the implementation pattern of credit evaluation system research one by one. Among these, the enterprise credit collection is the foundation of the whole; enterprise credit rating technology is the key, is the essence of the credit evaluation system, directly affects the rating results of authority and impartiality; the implementation pattern of credit evaluation system is the strong guarantee in credit evaluation system lasting operation.The powerful database of small and medium enterprise credit evaluation system in Anhui province supply a reliable foundation for building the financing service platform of small and medium-sized enterprise in Anhui province, on this basis, through the coordinating of the government, enterprises, financial institutions, credit rating agencies in the platform, to solve the financing problem of small and medium-sized enterprises, at the same time, in the process of the enterprise financing, the financing guarantee institutions and other service institutions can provide financing guarantee, legal, financial, management consulting and other supporting services for small business, to dispense the financing of small and medium-sized enterprises in the process of any menace from the "rear", promote the development of small and medium-sized enterprises. At the end of the article, we summarize the key of the financing service platform is the construction of credit evaluation system for small and medium-sized enterprises, elaborate the possible problems on the credit system and the financing service platform construction and maintenance, the limits of this thesis, and in the end give my own suggestion.