Fourth-party Logistics Participated Innovation Of Logistic Financing

Commercial banks and other financial institutions face a very important issue, financial institutions rely more on real estate secured loan, which increased the risk of themselvs. Small and medium enterprises account for about 60% of the total goods produced in the Chinese market, but can hardly get loan due to lack of real estate. Logistic financing is using small and medium enterprises'current assets, such as raw materials, inventory and so on, rather than real estate, as collateral and making use of the professional advantages of third-party logistics, to develope a pledge secured financing service. Logistic financing can effectively fill the financing needs of small and medium enterprises and has a huge potential demand.But the development of logistic financing has its own bottlenecks. Most important is that the third-party logistics can not perform the task of monitoring of current assets very well. Fourth-party logistics, as the designer and practitioner of supply chain, not only has advantages in the current asset monitoring, but also understand the production, management and credit of the enterprise. With the participation of fourth-party, banks can greatly reduce the risk of the logistic financing and expand the scope of application of logistic financing.