The Impact Of Credit Information On Loan Efficiency

As China's market economy deepens its reforms,SMEs have become increasingly prominent in terms of stabilizing economic growth,promoting supply-side reforms,adjusting economic structure,and improving people's livelihood.Commercial banks are an important platform for SME credit,but the characteristics of SMEs and the external environment of financial markets have led to the tendency of commercial banks to be"big companies and large projects".As a result,the smaller the size of companies,the more difficult it is for corporate credit.The provision of credit information plays a crucial role in the control of bank credit risk.It is an important basis for companies and banks to complete credit relations and has an important impact on the efficiency of credit.To improve the credit efficiency of commercial banks for small and medium-sized enterprises,Some researches mainly come from the perspective of corporate financial information.Based on the existing research,this paper further considers the impact of the relationship between the enterprise,the bank,and the government on credit efficiency,and improves credit information research on credit efficiency.In a certain sense,it provides certain scientific basis and reference for achieving a win-win situation between commercial banks and SMEs.This article first reviews relevant studies on corporate credit efficiency at home and abroad;second,it focuses on small and medium-sized enterprises and commercial banks,defines their respective concepts and characteristics;then uses information asymmetry theory,credit rationing theory,adverse selection theory,and relational loan theory.The credit status of SMEs was analyzed,and the information elements affecting credit efficiency were selected from three aspects:the enterprise,the bank and the government;then the assumptions of credit efficiency for each element were put forward,and the correlation analysis was conducted using the collected sample data.And verification,the verification results show that loan efficiency is significantly positively correlated with registered capital,asset-liability ratio,inventory turnover rate,net cash flow,operating cash inflows,and net cash flow from financing and negatively correlated with current ratios and net cash flows.There was no correlation with quick ratio,ROE,receivables turnover,net operating cash flow,business establishment period,and share of government;finally,based on empirical results,companies,banks,and government Two perspectives were proposed to upgrade commercial banks to SMEs Suggestions and countermeasures lending efficiency.