Research On Risk Control Of JL Small Loan Company In Benxi

Since the 1990’s, as a new financial organization, the small loan company is booming in China. To support the "three rural" and develop the regional economy, the small loan company, which guides the legitimate flow of private lending capital and becomes a useful supplement to the current financial system, broadens the financial channels for small enterprises and other vulnerable groups. In that process, the risk is a problem that cannot be ignored, and also the key factor for the success of the business. In the twenty years of the development, for the theoretical basis and practical experience in the risk control are not yet mature, although loan companies have flourished, they still face the difficulties, such as the reach breakeven, less quality customers, credit system construction behind and other issues affecting the business development speed and scale. Therefore, it has important practical significance to study the risk control methods for the small loan company.In this paper, the JL small loan company, which is the largest business in Benxi, is the research object. On the point of risk control, combined with the current situation, the method is its research and analysis, which use the relevant risk control theory and domestic and foreign successful experience. This paper is focused on the risk analysis of JL small loan company in Benxi, and divided into two categories: external and internal risks. This paper creates a "small, short, fast" method for the market environment, which accelerates the loan process and make loans no more than three working days after it receives a loan application from the customer. It expands financing channels and fills the financing gap in order to addressing high borrowing costs generated by financing sources from the national policy restrictions. It establishes customer credit evaluation system and refines the customer selection criteria to reduce the risk of bad customers. It organizes training and recruits highly qualified personnel in order to improving the level of their business. It makes strict lending operations and other methods to control the internal examination and system management risk. The risk control methods proposed for the micro-loan companies want to provide some reference for preventing risks, improving loan quality and ensuring safety of credit assets.