The Small And Medium-sized Enterprise Supply Chain Financing Mode And Its Risk Management

SME financing is a worldwide problem. In China, the status and role of SMEs in theeconomic and social development of more and more widely recognized by the community,but they face difficulties financing its important strategic position seriously disproportionate.On the other hand, in order to conform to industry competition by the competition betweenenterprises converted into competitive situation between supply chain, supply chain financingemerged, and quickly became an important new business growth of commercial banks.Supply chain financing as a new financial services model, which from a risk assessment ofthe height of the global supply chain for SMEs, stronger adjustment of the supply chainstability, trade background authenticity and counterparty credit and strength, so that more andmore satisfied services SMEs to financial institutions, a new approach to solve the problemof financing SMEs. In recent years, many banks have been involved in the supply chainfinancing, trying to supply chain enterprises facing systematic financing arrangements, inorder to open up new markets to increase market share and economic benefits. That purposeof this study on the theory of supply chain financing for systematic research, emphasizing theeffectiveness of supply chain financing to improve the plight of the financing of SMEs, tofurther promote the rapid development of China’s SME supply chain financing has importantpractical significance.Purpose of this paper is to explore the stage SME supply chain financing model and riskmanagement issues. First, leads the research background, significance, innovation andresearch methods and the main frame structure in the first part of the preface. The second partis a literature review of relevant literature SME financing and supply chain financing of thesort, and summarize the comments were. The third part describes the concepts of supplychain finance and basic theory: for example, from asymmetric information, agency,transaction costs, credit rationing, capital gap, comprehensive risk management theory pointof view of its economic analysis. The fourth part of the three financing models, namelysupply chain financing receivables financing, factoring and financing against warehouse FTWfinancing specific business processes for a detailed description and analysis. The fifth part ofthe supply chain financing risk management principles and processes studied, and supplychain financing risk categories: including credit risk, operational risk and market risk.Meanwhile, the identification and evaluation of supply chain financing risks are analyzedseparately summed credit risk, operational risk research and market risk identification,assessment methods, and combined with experts and scholars, summed risk managementsupply chain financing and proposed recommendations accordingly. This paper summarizes the above research, the final conclusion: Supply chain financing enables banks and otherfinancial institutions to help credit, cash flow generated by the real trade practices andregulatory third party logistics supply chain core enterprise, greatly reducing the provision ofcredit to SMEs risk and become an effective way to solve the financing problems of SME ’scredit. Through the prevention and control of the supply chain financing risks, betteracceleration convenience SME financing on this basis.