中文摘要：

将单一中小企业进行银行融资的研究视角,拓展到由多个中小企业组成的信用共同体与银行的关系。信用共同体融资能否获得高还款率的关键在于是否具备以下能力,即：惩罚违约企业的能力、增大借款企业造假成本的能力、低成本横向监督的能力、识别优质投资项目的专有能力和为借款企业提供足够吸引力的融资条款的能力等。

英文摘要：

Extended from the perspective of the credit relationship between bank and a single small and medium-sized enterprise（SME）,this paper studies the credit relationship between bank and the credit community that consists of a number of SMEs.The high repayment rate of SMEs based on credit community benefit from the following factors,which are the ability of punishing defaulter,the ability of raising fraud cost,the ability of low cost peer monitoring,the ability of choosing the good project and the ability of raising the value to the borrower.