Study On Supply Chain Financing Mode Of Small And Medium-sized Enterprises In China

In recent decades, China’s economy has developed rapidly, in the tide of economic development, more and more small and medium-sized enterprises come into being, and they play an important role in present China’s economic and social development process with its flexible development model, become the "roll-booster" of rapid economic development. Small and medium-sized enterprises are the main force in economic development in our country, their survival and development conditions draw wide attention from all sectors of society, financing problem has become the focus of attention. It is well known that funds are the foundation of enterprise development and the driving force for enterprise forward, lack of funds will be a serious impediment to the enterprise survival and development. However, due to many reasons such as economic environment, their scale, numerous small and medium-sized enterprises fall into the predicament of financing difficulty constantly. Therefore, in order to make up the limitations of the traditional financing mode, to meet the needs of small and medium-sized enterprise financing, based on the production and management mode of small and medium-sized enterprise, this paper proposes a new financing channel--supply chain financing. It is a financing mode refers to according to the real trade background among enterprises on the supply chain, on the basis of core enterprise’s credit level, financing institutions introduce the third-party logistics supervision mechanism, use the income of enterprise in the future trade activities as the direct source of repayment, provide financial products and services flexibly in view of the different needs of different enterprises on the supply chain.This paper analyzes deeply about the financing present situation and the causes of small and medium-sized enterprises in China, and introduces the economy background of supply chain financing, the meaning of supply chain financing, elements and theoretical basis, finally this paper analyzes three basic modes of supply chain financing, namely prepayment financing mode, chattel mortgage financing mode and accounts receivable financing mode, point out their characteristics and advantages through comparing with relative to the traditional financing model. Finally, this paper describes the application of supply chain financing in HS company, provides a good reference for more small and medium-sized enterprises would use supply chain financing mode. Supply chain financing injects capital into weak small and medium-sized enterprises with the aid of core enterprises’credit level on the supply chain, reduce the threshold for small and medium-sized enterprise credit, make more small and medium-sized enterprises be able to enjoy the service of the financial institutions providing about credit. It opened up a new financing channel for small and medium-sized enterprises, provides a practical and effective method. Small and medium-sized enterprises in our country will continue to drive our country economy fast development, supply chain financing is bound to develop to be more perfect.