Research On Financing Of Small And Medium-Sized Enterprises Based On Enhancement Of Credit Rating

The SMEs scale expanding gradually to industry transformation goal, its financing problems become more and more. Increasingly makes the SMEs can’t smooth coordination of its long-term development. It has become the economic acceleration constraints. So this problem from the Angle of credit to improve SMEs financing analysis, according to the drag China is studying European and American architecture more credible credit rating system. Will improve the main credit rating of SMEs, reasonable scattered financing risk as a push from SMEs financing plight of countermeasures. At the same time trying to learn western advanced capital market in dealing with the latest theory and practice of SMEs credit improve way, contact China’s economic development situation, to solve some practical countermeasures.This article is based on SMEs in our country and the present situation of the direct and indirect financing market, analysis more accord with the characteristics of SMEs in our country various financing way. And from the Angle of credit enhancing explore the significance of financial innovation to solve this difficult problem. Z value model and MKV model is applied in this article to the enterprise credit rating to enhance the cost of financing and defaults to make model test, the influence of combined with the actual case analysis in the application of financial markets. Both in financial institutions and government, need to do more effort on this issue, rather than by the enterprise itself alone. To speed up the construction of perfect credit rating system, by the credit of objective and accurate evaluation system to create a good macro environment for solve this problem. I hope this article has done research can solve this problem, contribute to the economic development of China.