SME Financing Credit Risk Measurement Study In China

Economic globalization, market information, the present era of cultural diversity, therising powers of the small and medium enterprises are taking on economic growth, marketdiversity, innovation, employment alleviate many responsibilities and functions. It can be saidthat SME have become an important support of sustained and stable economic growth. Yetlooking at the current highlighted by the SME in the economic development role, the conflicthas become increasingly clear that the funding difficulties in financing difficulties are themost significant problems. SME financing difficulties both enterprise’s own reasons, such asthe SME asset size is relatively small, the uncertainty of the future development of highercredit risk, but also institutional reasons, such as to establish a sound credit system, leading toinformation asymmetry lower credit ratings; financial institutions risk assessment system isimperfect, the assessment system is not perfect, it is the plight of the current financing ofSME.SME internal and external causes. The plight of Investigation in the financing of SMEobtained bank-enterprise information asymmetry is the key aspects of the financing of SMEand the Construction of the credit risk measurement is to solve the information asymmetrybetween banks and enterprises of the key from the logical deduction SME financing CreditRisk Measurement study is to ease the financing difficulties of SME theoretical and practicalneeds.By the research methods of literature research and statistical analysis, this paper does areal investigation of SME financing, and analyses the current situation of its financingdifficulties and the reason for this situation based on the modern definition of SMEs theconnotation elements era positioning, then examines SME financing and credit from thecredit risk dimensions relationship with the impact of the risk dimensions. On comparisonand analysis traditional and modern credit risk measurement models, this paper seeks thesuitable application of the SME credit risk measurement model and conduct an empiricalanalysis on credit risk measurement of SME financing. At the same time, this paperconstructs the multivariate linear discriminant model on the basis of data acquisition andparameter setting, and uses the correlation function of the data to find the letter of the SMEfinancing risk impact factors influence coefficient, even make suggestions to the credit risk measurement of SME financing.