Research On The Logistics Financial Services Of The 3PL Company Based On The Financing Warehouse

SME financing difficulty is the universal problem in China. The fundamentalreason is that SMEs lack of sufficient credit records and collateral materials.Therefore, it is difficult for them to achieve the financing requirements of financialinstitutions. In this context, the logistics financial service which gradually grows upand develops vigorously in the practice of logistics enterprise in recent years. (risingand booming of in the corporate practice,) Besides, it provides an effective way tosolve the problem of SMEs financing, and becomes the attention concerned by bothlogistics sector and financial community.As a kind of innovative service products of financial and logistics, there are stillmany issues should be researched in the future. And when the new business rises, thecommercial banks and logistics companies have to face the risks that different fromthe past. Credit risk is the first to solve. Thus, to carry on effective analysis andcontrol the credit risk is essential to the success of logistics finance.Firstly, this paper introduces the research background, significance, researchstatus and the article’s overall framework. Secondly, based on the discussion of relatedconcepts and theory, this paper emphatically researches the Financing Warehouse, onetypical model of logistics finance, discusses the system structure and the modeselection of FW, and then enumerates the concrete operation scheme. Thirdly, itapplies the game theory to measure the credit risk of logistics finance, mainly tomeasure the probability of breach a contract for financing companies, the probabilityof conspiracy for financing companies and logistics companies, to identify the factorsaffecting the probability of default, in specific logistics financing business, so as toprovide the theoretical basis of control credit risk. Then, it analyzes the credit riskfactor of logistics finance, constructs the credit risk evaluation index system of SMEwhich based on logistics finance, and uses the multi-level grey evaluation to assess itsrisk. Finally, this paper analyzes a specific case by using the above method, thus revealed the effectiveness of logistics finance quantitatively, objectively andscientifically.The thesis explains the feasibility and maneuverability of logistics finance indetails. Through the research, the author holds that the main goal of financingwarehouse logistics finance is to solve the financing problem of the small andmedium-sized enterprise. In addition, under the premise of full realization of threecommon interests shared by small and medium enterprises, banks and 3PL’sbusinesses of, FW is a mutually beneficial and win-win integrated businessmanagement and service model in practice with exuberant vitality.