| Logistics development is inseparable from the support of financial business, when the logistics industry began to flourish. Due to lack of funds and credit is not higher, SMEs in the upper reaches that is difficult to obtain bank financing. Which is largely limits the development of supply chain, so logistics financial business arises at the historic moment. In the operation of supply chain activities, an organic combination of logistics companies and financial institutions, with the help of the third party logistics companies, impawning supervision the liquid assets of the state-owned enterprises. In order to improve the bank’s ability to assess pledge, reduce credit risk, improve the commercial bank credit structure, avoid credit object is too concentrated, expand the scale of bank loans.3PL enterprises can expand their business scope and profitability through the development of logistics financial business, in order to improve operating margins. Logistics finance can reduce financing threshold and financing costs to improve capital operating speed for the financing difficulties of SMEs, which is the only way get out of the financial difficulties. The emergence of logistics financing has been achieved close combine the financial needs enterprises and logistics companies with commercial banks, combine the information flow and capital flow with logistics closely. Not only to achieve tripartite wins, more important is that can improve the efficiency of overall supply chain and capital operation. However, there are many risks in the practice of logistics financing. Without advanced risk prevention and control system, logistics financing could turn into a double-edged sword, damaging logistics enterprise hugely once the risk is exposed. Therefore, it is urgent to answer the question how to identify dominant and recessive risks existing in the logistics financing business, and to effectively avoid these risks.Since 2005, Company S started to operate logistics financing business, and transfor ming into one of its most profitable businesses. And Company S had been advocating an d promoting its affiliated subsidiaries to operate nearly 10,000 logistics financing busine sses in the peak. However, the downturn of economics and the monetary stringency poli cy caused a hard time for SMEs. And in a short time, risk emergencies burst out due to c lients’defaults, which exposed Company S’deficits in risk management and damaged c ompany S economically. At the end of 2014, Company S totally stopped the logistics financial business, Mainly caused by the following factors, such as low levels of customer credit led to force delivery and hostage false, Company S inadequate management of its’ logistics financial business caused hostage shortage, weak supervision and staff moral risk etc. Risk events occur frequently made the Company S unable to control risk through its own risk management system. Based on analysis of risk features of logistics financing business and Company S’ risk prevention and control measures, the paper furthers to analyze the mistakes and deficits of Company S’s risk p revention and control in logistics financing business. Besides, using Company S’s logist ics financing business procedure as the main clue, the paper identifies and comments on the risk elements; and brings out Company S’s proper risk prevention and control meas ures in logistics financing business.In the end, the paper intentions to assist Company S to continue logistics financing business in a base of proper risk prevention and control measures. To ensure the diversification of S enterprise logistics business types, enhance its competitiveness in the industry. |
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