Financial Ware-housing Status Quo, Problems And Countermeasures

In China, small and medium enterprises have accounted for more than 99% ofthe numbers of all enterprises; the final products and the value of service broughtabout have occupied about 60% of GDP; they, meanwhile, have created the half ofrevenues of all countries and more than 75% opportunities of employment. Small andmedium enterprises, in short, exert a positive influence on the development ofeconomy. However, with the evolution of small and medium enterprises, the capital isbecoming its barrier. While financial institutes want to provide small and mediumenterprises with capital in their hand to optimize their structure of credit, financialinstitutes dare not to simply give capital to small and medium enterprises because ofthe security of capital, the cost of lending, the attribution of the movable property aswell as the difficulty of a store of value of the movable property’s supervision.Meanwhile, small and medium enterprises only have a substantial number of rawmaterials, semi-manufactured products and finished products. They do not possesshuge immovable property as mortgage. Eventually, small and medium enterprisesare difficult to get the capital support of financial institutes, and the phenomenonwhich is“people who want to credit do not credit, people who want to lend dare not tolend”imposes a negative impact on the healthy development of economy in China.The appearance of industries of financial storage efficiently solves thephenomenon. Financial storage, which services the financial industry, is theprofessional storage service which is to provide financial institute with the thirdmortgage of movable property. Financial storage is different from the generalcorporation of storage. Not only does it possess the functions of common corporationsof storage, but it can search mortgage for financial institutes, maintain and change thevalue of mortgage. It is a revolution between finance and storage. Financial storagehas the following advantages with the third supervision and appreciation aiming at themovable property with which the financial institutes provide small and mediumenterprises. At first, financial storage optimizes the information asymmetry betweensmall and medium enterprises and financial institutes. Second, it decreases the risk ofraising money of small and medium enterprises. Third, it accelerates the flow ofcapital among enterprises. Fourth, it enhances the rate of funds of businesses raisingmoney. Fifth, it lessens the credit danger of financial institutes. Sixth, it optimizes the financial institutes of credit institutes and increases the potential customers offinancial institutes. Finally, it is beneficial of finding the growth point of profits forstorage enterprises.However, financial storage is only a new-style industry. Although it resolves thedifficult questions of raising money of small and medium enterprises, it stillencounters a great many questions and lots of danger in the process of itsdevelopment. In the theory, it can handle innumerable questions and avoid aconsiderable number of risks, but it is difficult to be manipulated by people in practice.This article analyses and researches the reasons, significance, crucial type of business,and questions as well as risks meeting in the process of producing industries offinancial storage. Ultimately, the author puts forward a substantial number ofmeasures which are utilized to resolve issues and reduce the risks. While industries offinancial storage encounter a wide range of issues, industries of financial storage, afterall, resolve the difficulty of raising money. It gets the approval and support fromfinancial institutes, small and medium enterprises, storage businesses and theauthority, which is contributed to development.This thesis consists of five parts. The first part states the back grounding, purposeand significance of the paper, and I integrate the theory and literature related to therelevant issues concerning the thesis. The second part elaborates the developmentsatiation of the financial storage and especially the concept, feature, the theoreticalbasis of appearance and development, information asymmetry theory, transaction costtheory and game theory, and I build the model of math to explain the appearance anddevelopment of financial storage industries. The third part deeply analyses the majoroperation of the financial storage, the main part of pledge loans of financial storage,the choice of movable property mortgages and especially every business’advantages,disadvantages, opportunities as well as threat from SWOT. The fourth part putforwards the existing issues and risks in the financial storage industries, and it findsthe methods and measures regarding how to resolve and avoid the risks. The fifth partsummarizes the thoughts of financial storage industries’development, the situation ofissues in financial storage industries and the research of countermeasures.