A Research on the Financing Efficiency of Small and Medium-Sized Enterprises by Fuzzy Evaluation Method

Abstract

The financing efficiency evaluation of small and medium-sized enterprises (SME) is fuzzy. The comprehensive fuzzy evaluation model of SMEs will be established by fuzzy evaluation method in this paper. The financing efficiency of such five different kinds of financing methods as internal financing, financing of stocking and bond, bank loan and private lending of SMEs will be analyzed in the terms of financing cost, fund utilization rate, financing risk, freedom degree of financing body and market maturity, and companies' overall financing efficiency will be accordingly analyzed, which will provide guidance for SMEs to make financing decisions.