Study On The Problems Of H Company’s Accounts Receivable Pledge Financing

Small and medium-sized enterprise is one of our country’s main body to creatsocial wealth, is the main force of China’s economic development, is the coremomentum to promote technical innovation and social development. Thedevelopment of small and medium-sized enterprises has a very great significance onupgrading the structure of China’s industrial economic in future, however, thefinancing difficulties have became an important problem to the development of smalland medium-sized enterprises. The birth of 《property law》declared the accountsreceivable were included in the scope of the guarantee, providing a new way offinancing for small and medium-sized enterprises.The paper studying the situation of H company accounts receivable pledgefinancing is based on the predecessors’ experience and research results. It takesmethods of case analysis and comparative analysis, and combines the informationasymmetry theory and game theory. Firstly, the paper introduce research backgroundand research purpose and significance, summarizes the research achievements aboutthe accounts receivable pledge financing in domestic and overseas, shows the mainresearch contents and the basic framework of the article. Secondly, introduce therelated concepts and theories of pledge of accounts receivable Then the generalsituation and the current financing situation of H company、 the external environmentof H company’s accounts receivable pledge financing and the specific implementationprocess and result of H company’s accounts receivable pledge financing areintroduced. Thirdly, the paper seeks the problems from internal and external inaccounts receivable pledge financing business according to processes and results.Finally, the paper put forward measures and suggestions to pefect the current situationof H company’s accounts receivable pledge financing,including paying much moreattention to credit construction,perfecting the financial management system,strengthening the management of accounts receivable and the introduction of smalland medium-sized enterprise guarantee company.