On The Risk Of Commercial Factoring In China And Its Prevention And Control

At present, the traditional transaction settlement declined, commodity buyer’s market gradually formed, credit transaction have become the main trade way around various countries and regions in the world. With the continuous development of economy, our country enterprise accounts receivable scale have increased very much, but the repayment period is much longer than before, makes the enterprise capital consumption is becoming more and more serious, has hindered the normal development of the enterprise. At this time, commercial factoring industry emerges as the times require. Commercial factoring companies through buy commodity suppliers accounts receivable financing to support the enterprise, solve the liquidity shortage predicament effectively, has made great contributions to Chinese economic development. However, compared with western developed countries, Chin ese commercial factoring industry is still in its initial stage, development level is relatively backward, but also has many problems and many risks.If Chinese commercial factoring companies want to get a steady development in the fierce market competition environment, and occupy a favorable position,they must learn the management system and successful experience of commercial factoring industry in western developed countries, and enhance the ability of risk prevention continuously, improve market competitiveness. Therefore, it has a very important theoretical and practical significance for the healthy development of Chinese commercial factoring industry to study the development of Chinese commercial factoring industry this days, ri s k p r e v e n t i o n a n d t h e c o r r es p o n d i n g co n t ro l m e as u r es w e re gi v en.This paper makes full use of data to describe the current situation of the development of Chinese commercial factoring industry and the existing problems of commercial factoring industry in the development process to be evaluated. At the same time,the basic classification of commercial factoring is discussed, and reveals the essence and connotation of commercial factoring. More importantly, the main risk may be facing to our country commercial factoring industry is described in detail in this paper, and presents some risk preventive and control measures to commercial factoring, and discusses the risk prevention and control of Chinese commercial factoring through the case method. Finally, propose some constructive countermeasures and suggestions to accelerate the healthy development of Chinese commercial factoring.