The Applied Research Of Enterprise Loan Model Based On Supply Chain Finance

Small and medium enterprises loans have always been a commonproblem, especially for the small and medium textile enterprises facingwith the severe challenges in the trend of the economic slowdown. Withthe rising of the supply chain finance, the warehouse receiptshypothecation loan has opened up new channels for SMEs financingactivities. It is to pledge the standard warehouse receipts based on thesupply chain finance in order to apply for loans to commercial banks,which is related with the upstream and downstream of enterprise supplychain. But less empirical models involved in the field of implementationof the loans in China, so we lack the theoretical basis when determinedthe pledge rate.The research on the warehouse receipts hypothecation loan appliedin the small and medium textile enterprises, in this paper, included thequalitative and quantitative analysis: not only researched on the loan models on the spots and futures markets combined with the supply chainfinancing model and the warehouse receipts pledge business model, butalso researched on the pledge rate calculation which is the key factor tomeasure the loan market risk, using the GARCH-VaR empirical analysisof the cotton yield in spots and futures market. The application of thismodel could be more efficient to prevent the risk of loans, so as to helpthe commercial banks to optimize the management of loans to SMEs.