中小企業在臺灣的經濟發展歷程中扮演極為重要的角色，創造了臺灣的經濟奇蹟。然因中小企業公司經營管理制度不及大型企業完備，向金融機構取得融資的困難度也相對提高，且取得融資後之相關資金應用上之資訊亦較不透明，故對借貸市場而言，借貸雙方均難以達到有效率之融資目的。本研究主要目的以授信業者的立場，分析中小企業申請授信融資發生逾期之風險實證分析，針對非財務因子、財務因子以及業主本身特徵變數，期探討影響違約行為之顯著因子，提供授信業者之業務人員在追求業績成長及篩選承做案件時之必要參考，以降低貸放後發生逾期放款之機率。本研究以中部某金融機構之中小企業放款客戶為研究對象，隨機抽取該機構已結案之正常與逾期之案件，應用Logistic 模型方法分析影響逾期案件之主要因素。結果發現總體經濟變數對逾期繳款有顯著影響；而在企業授信特徵變數中，顯著影響逾期繳款情形的變數分別為有無擔保品、貸款期限、負責人教育程度與過去有無不良紀錄。研究結果可提供未來金融機構對中小企業之有效放款依據。

During the economic development in Taiwan, the small-medium businesses (SMBs) played important rules and established the economic foundation. Due to the difference of operational mechanism from the large industry, the SMBs encountered some difficulties to obtain the financing loans from financial institutions. This study intends to examine the factors of financial, non-financial and borrowers’ characteristics that may cause the SMBs to default. We collected SMB samples from one financial institution in central Taiwan, and conducted the Logistic Regression model for empirical analysis. Results indicate that the economic growth ratio, whether the business provides the guarantees or not, the term of loan, the education levels of borrowers, and previous records of default are significant to the default behavior of SMB loans.