Strategy Research On Factoring Financing Of Accounts Receivables About Electronic Products Of A Commercial Factoring Corporation

In recent years,factoring financing under the supply chain finance receivables model has developed rapidly.With the current trade in the seller's market turning to the buyer's market,the accounts receivable of small and medium enterprises are increasing.With strong demand for factoring,the size of factoring business of third-party financial institutions in China has increased in volume.Although the development of bank factoring industry has eased the financial pressure of many companies,banks usually do not face small,frequent and fast financing requirements.Therefore,the financing needs of these companies have not been well met.And different industries in supply chain finance have different supply chain models and need to be subdivided into different industries.Based on the unbalanced supply of China's existing factoring market,based on commercial factoring companies to discuss its electronic product factoring business,it hopes to help commercial factoring companies in the electronic product sector through the study of factors affecting factoring financing decisions.Make reasonable factoring financing ratios to reduce the risk of bad debts and increase profits.Firstly,the background and significance of this paper are elaborated,and the process of China's supply chain finance development is discussed.Based on the relevant domestic and foreign literature review,this paper summarizes the factoring financing model based on accounts receivable financing and introduces the characteristics of factoring financing.,advantages and risk factors.Secondly,it takes A commercial factoring company as the starting point and launches the research of dealer factoring financing for the electronic products in its IT industry chain.It mainly relies on the cooperative relationship between upstream core enterprises and downstream distributors to provide credit and sales factoring services for distributors of core enterprises.At the same time,for the short-lived,price-expensive electronic products,factoring financing decisions at different price changes are made.The core has two parts.(1)It introduces the core company buy-back and establishing a desired profit model of the factoring company under the condition that the factor price of the electronic product is stable.A side risk control model was used to study the correlation between the factoring financing ratio and the core company's repurchase rate,repurchase price,amount of accounts receivable,and maturity.(2)Under the condition that the price of the electronic product continues to decline and the risk increases during the period from the maturation to the recession of the electronic product,a profit model of the factoring company under the repurchase of the core enterprise is established,with a lower risk control model,thereby Factoring company's business risk is reduced.This paper discusses the setting of the optimal factoring financing rate of factoring companies at this time,and examines the changes in factoring factor ratios at different core company repurchasing rates,repurchase prices,receivables,and maturity.