Credit is the cornerstone of the market economy. Establishing a good credit system can reduce the transaction cost of the market and promote the healthy development of the market economy. Good credit is also regarded by enterprises as their core competitiveness. For a long time, the credit rating of micro, medium and small enterprises has been ignored by the market, which has become a major obstacle to their development. So, what is a credit rating? What is the significance of corporate credit rating system to enterprises?



Enterprise credit rating AAA credit certificate application to help enterprises bid and bid what is the significance -







The four important meanings of corporate credit rating



One, can enhance the image of the enterprise



After the implementation of the credit rating system, the higher the credit rating of the enterprise, the higher the credit rating of the enterprise, and the more convincing the qualification strength of all aspects. Can greatly enhance the corporate social image.



Second, promote enterprise self-regulation self-examination



In the construction of the credit system, a system has been established to publicly disclose the bad records of enterprises for the public to know and inquire. In this way, enterprises may have to consider the consequences caused by credit in the future operation, which is conducive to urging enterprises to conduct self-examination for the development of the company.



Third, enhance the brand image competitiveness of enterprise products



After the establishment of the corporate rating system, the degree of trust of an enterprise can also be measured. If your enterprise has a high credit rating, it will be easier to win the trust of partners or consumers, and the sales volume will be no worry. What's more, it is worth looking forward to the spread of consumer word of mouth, which is very helpful for an enterprise to form its own brand image and improve its competitiveness.



Fourth, increase cooperation opportunities



After your company has been rated as excellent rating system, on behalf of your company reputation is good, the good faith transaction, this information is enterprise's potential partners through the establishment of enterprise credit system query after knowledge, enterprise cooperation desire for you, nature is lower than other credit, even not included in the credit system of the enterprise, more strong.



Increase financial support



At present, the proportion of sme loans in China is less than 25%. Credit is the primary condition to affect the loan. Only after the investigation of the credit system, an enterprise is proved to have good credit and is more likely to obtain the funds from banks and guarantee institutions.



Sixth, have the qualification to issue bonds



In the capital market, if an enterprise (unit) wants to raise funds by means of bonds or other financing instruments, it must go through a qualified evaluation institution to assess its credit rating before issuing bonds. In the credit market, enterprises (units) also need to go through credit rating if they want to apply for loans from financial institutions. In particular, major loan enterprises (units) with a certain loan scale must go through standard evaluation by an independent third-party professional rating agency with confirmed qualifications before they can get loan support from financial institutions. So a credit rating is a necessary "passport" to access financial markets.