Study On Corporate Credit Risk Assessment Based On Supply Chain Finance

Supply chain finance is mainly to solving the financing problems of supply chain SMEs (Small and medium enterprises). Enterprise accounts receivable, prepayments and inventory as collateral, the bank will provide financing services for enterprises base on a percentage of the actual value of the collateral. With the supply chain finance financing emergence, on the one hand, the supply chain finance financing solves the financing problems of SMEs, on the other hand, extends the service business bank, and also third-party logistics enterprises and enhances the sense of win-win cooperation between enterprises in supply chain. However, due to the asymmetric information, leading to the bank’s credit risk is often a problem in developing financing process. In order to assess corporate credit risk, it is necessary to conduct in-depth research on supply chain finance credit risk management system and method.Based on the analysis and summarized the domestic and foreign relevant research literature on supply chain finance credit risk. First, the research literatures on connotation of supply chain finance, background and its role, credit risk connotation, its characteristics and model of financing has combed and refined. By comparison with the traditional financing, which illustrate the supply chain finance three types of financing advantage. Then, the paper analyzes four different levels: the financing corporate credit situation, the core enterprise credit conditions, the industry conditions and the supply chain operations. By using frequency statistics method selects primary indicator of credit risk evaluation system in this article. The expert scoring method screens index system. The correlation analysis method is used to determine the final index system. This paper chooses the Fuzzy Analytic Hierarchy Process (FAHP) and Logistic regression as a credit risk evaluation method. At the same time, using Fuzzy Analytic Hierarchy Process (FAHP) determines the weights of all the indicators. Enterprise composite score is calculated and divided according to corporate credit risk rating to assess corporate credit rating. Finally, through the enterprise specific data validates credit risk evaluation system built this article.