Research On The Bank Financing Of Commercial Factoring Company

With the introduction of the commercial factoring pilot policy,the commercial factoring industry in our country has entered a fast lane of development.The most prominent feature of the commercial factoring industry is that its business is conducted around receivables under business contracts between enterprises.However,accounts receivable are widely distributed in various types of Entity industry.Therefore,the development of commercial factoring business will help guide more financial services to the field of real economy and reverse the "de-consolidation" of finance.Since the pilot project,under the explosive growth of the commercial factoring industry,many problems that restrict the healthy and sustainable development of the industry have gradually emerged.However,the problem of financing for commercial factoring companies is particularly prominent in this issue.As the most traditional financing channel,the study of how commercial factoring firms conduct bank financing has great practical significance in solving the financing problems facing the development of commercial factoring companies.This paper chooses the specific case of "A Company Financing Project" and conducts a case study.The full text is divided into six chapters.The first chapter expounds the research background and significance of this paper,and summarizes the literature on factoring at home and abroad;the second chapter summarizes the basic theoretical knowledge of factoring and factoring.The development of the industry puts forward the dilemma of “financial difficulties and high financing” faced by commercial factoring companies.The third chapter starts with the problems of “financing difficulties and financing expensively” and the current sources of funding for the business factoring industry and the The main risks were analyzed;the fourth chapter briefly introduced the various elements of the “A Corporate Financing Project” case,and analyzed the cases from two aspects of financing efficiency and risk control;the fifth chapter was Based on the content of the case in the fourth section,this case was compared with Moshan's first stage asset-backed securities(hereinafter referred to as“Moshan factoring”).The sixth chapter is a summary of the research in this paper.According to the purpose of solving the problem of financial factoring and financing of commercial factoring companies,the bank financing model,business diversification,and risk control of commercial factoring companies are on the micro level.The relatedsuggestions were put forward;combined with the analysis of the problems faced by the business factoring industry in the third chapter,corresponding suggestions were made from the three aspects of the macro-level credit system,personnel training,and legal system construction.This paper conducts a detailed study on the financing issues of commercial factoring companies through specific cases,and points out the practical difficulties for commercial factoring companies to “finance difficulties and increase financing”,and converts financing difficulties into financing efficiency issues.The expensive problem is attributed to the problem of risk through the cost of capital.Then through the research of the financing model,the efficiency is optimized,the problem of financing is improved,and the risk analysis is conducted.The purpose is to control the financing risk and reduce the cost of capital.Through the above logical thinking,the paper conducts specific research on the case,draws on targeted optimization proposals for bank financing of commercial factoring companies,and proposes targeted macro-economic policy recommendations based on the major issues identified by the research institute.