A Sustainable Financing Credit Rating Model for China’s Small- and Medium-Sized Enterprises

This paper builds a sustainable financing credit rating index system for small- and medium-sized enterprises in China from the perspective of sustainability. Then, a quantitative model for credit rating evaluation based on our index system is proposed by using fuzzy analytic hierarchy process (FAHP), which has the advantage of considering both quantitative and qualitative factors. Our numerical example shows that the index system is effective and practical. Our system improves the existing credit rating system to a certain extent. The evaluation method proposed can play an important guiding role for China's small- and medium-sized enterprises in the current transformation age. In particular, interested stakeholders can use this model to evaluate the investment risk of companies, especially with a focus on sustainability.