Study On SMEs Supply Chain Financing From The Perspective Of Commercial Banks

As a special group, SMEs (small &medium-sized enterprises) has played an irreplaceable role in economic and social development in China. But SMEs has been plagued by the finance bottleneck which become the most important obstacle to the rapid development. (SCF)Supply chain financing model came into being in this context. It assesses risk of SMEs from the perspective of supply chain, stresses greater stability of supply chain adjustment, trade background, as well as the authenticity of trusted enterprise counterparty credit and strength. So that more SMEs can be incorporated into the scope of services of financial institutions. As a new financing model, SCF which solves problems on the credit facilities for SMEs can be described as unique. How to reduce risk and cost to meet the development needs of SMEs, and promote rapid development of SMEs is a problem worthy of study.Firstly, this thesis analyses the present situation of SMEs'financing dilemma with a great deal of investigation data, and points out that information asymmetry is the main reason for the credit financing, thus leads to a new financing model to solve the problem---supply chain financing model; Then, evaluating SMEs'risk management to highlights SCF's core concept .Then, based on analysis of the supply chain and SCF research, and according to management characteristics of SMEs in the supply chain, logistics, information flow, operating cash flow coordination , the thesis emphatically analyzes the operation mechanism of SCF's main business models to clearly present the contour of the SCF model; and then, evaluate SMEs credit risk under the supply chain financing mode , propose six key steps in supply chain financing risk control, thus highlights SCF's core concept ,that is evaluate SMEs'credit risk from the perspective of the entire SCF, and later lay the foundation for a case study. Finally, by the case study of Shenzhen Development Bank's supplying chain finance for Chongqing Yongfa accessory factory, draw a conclusion that SCF can not only reduce bank loans risk, but also provide a comprehensive rapid financing guarantee for SEMs.In this thesis, specification and case studies are combined, qualitative and quantitative research method are also combined, Finally, the conclusion is: with the help of core enterprise's credit, SCF makes banks can manage actual cash flow generated by trade practices and regulate third-party logistics companies, thus greatly reduce the loan risk to SEMs. Supply chain financing will become an effective way in solving the problem of SMEs'financing dilemma.