Research On The Pledged Financing Of Accounts Receivable By Small And Medium Sized Enterprises Under The Supply Chain Finance Model

With the continuous development of the market economy and continuous improvement of the economic and political environment at home and abroad.small and medium-sized enterprises play a vital role in the healthy operation of our economy in terms of creating value,paying taxes and alleviating employment pressure.However,because small and medium-sized enterprises are small in scale,weak in strength,and low in funds,they are often at a disadvantage in the supply chain management they belong to,and are easily faced with financing difficulties,which in turn leads to capital chain fractures and even bankruptcy.To solve this problem,on the one hand,companies need to improve their management capabilities,on the other hand,they also need to provide more effective supply chain financial management services at the entire society and even at the national level.Therefore,this topic has very important practical significance.This article first introduces the development history,the concept and characteristics of supply chain finance.Secondly,under the supply chain finance model and the condition of complete rationality,we use the game theory to study the financing of accounts receivable pledges,the analysis concludes that the supply chain finance financing model is superior to the traditional financing model.Then,under the condition of bounded rationality and incomplete information,the evolutionary game theory was used to construct the evolutionary game model between banks and enterprises.The analysis was conducted on the joint fraud loans of Small and medium-sized enterprises and core enterprises,the unilateral defaults of Small and medium-sized enterprises,and the Small and medium-sized enterprises and cores.Under the situation of enterprise compliance,the evolutionary game between banks and Small and medium-sized enterprises and core enterprises;then by copying the dynamic equation analysis,the bank can guarantee the conditions for the compliance of SME loans,and finally,according to the conditions obtained by the above studies,And from the financing business operating environment,banks and supply chain companies themselves put forward the three aspects of countermeasures and suggestions to ensure the smooth development of the supply chain finance receivables pledge financing business to solve the financing problems of Small and medium-sized enterprises.