Small and micro enterprises play an extremely important role in the realization of employment, independent innovation,increasing taxes and so on, It is an important part of national economic development in China. Alth...Small and micro enterprises play an extremely important role in the realization of employment, independent innovation,increasing taxes and so on, It is an important part of national economic development in China. Although the government has introduced a series of supportive policies, but small and micro enterprises arc still faced with many development problems, small and micro enterprises face an important problem is financing difficulty, which relates to its health, sustainable and stable development. This paper analyzes the financing problem of small and micro enterprises from the new net loan mode of P2B, hoping to benefit the development of small and micro enterprises.展开更多
Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment ca...Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment capability of a group of lenders who fund the same loan,to enhance the P2P loan evaluation.More specifically,we extract lenders’profiles in terms of performance,risk,and experience by quantifying their investment history and develop our loan evaluation indicator by aggregating the profiles of lenders in the composition.To measure the ability of a lender for continuous improvement in P2P investment,we introduce lender maturity to capture this evolvement and incorporate it into the aggregation process.Our empirical study demonstrates that the maturity-based lender composition score can serve as an effective indicator for identifying loan quality and be included in other commonly used loan evaluation models for accuracy improvement.展开更多
文摘Small and micro enterprises play an extremely important role in the realization of employment, independent innovation,increasing taxes and so on, It is an important part of national economic development in China. Although the government has introduced a series of supportive policies, but small and micro enterprises arc still faced with many development problems, small and micro enterprises face an important problem is financing difficulty, which relates to its health, sustainable and stable development. This paper analyzes the financing problem of small and micro enterprises from the new net loan mode of P2B, hoping to benefit the development of small and micro enterprises.
基金supported by the Natural Science Foundation of China(Nos.71974031,71771034)the Chinese Universities Scientific Fund(No.DUT19RW216)+1 种基金the Economic and Social Development Project of Liaoning Province(No.20201slktyb-019)supported in part by the National Science Foundation(NSF)via the Grant Number IIS-1648664.
文摘Most loan evaluation methods in peer-to-peer(P2P)lending mainly exploit the borrowers’credit information.However,the present study presents the maturity-based lender composition score,which exploits the investment capability of a group of lenders who fund the same loan,to enhance the P2P loan evaluation.More specifically,we extract lenders’profiles in terms of performance,risk,and experience by quantifying their investment history and develop our loan evaluation indicator by aggregating the profiles of lenders in the composition.To measure the ability of a lender for continuous improvement in P2P investment,we introduce lender maturity to capture this evolvement and incorporate it into the aggregation process.Our empirical study demonstrates that the maturity-based lender composition score can serve as an effective indicator for identifying loan quality and be included in other commonly used loan evaluation models for accuracy improvement.
