The Research On Internet Supply Chain Financial

SMEs play an important role in the national economy and are an important part of China's economic development.The number of SMEs in China is huge,accounting for more than 90%of the total number of enterprises,solving two-thirds of China's employment demand,contributing more than half of the gross national product and tax revenue,and financing difficulties have been plaguing the development of SMEs in China.primary issue.Supply chain finance starts from the supply chain as a whole,and credits the core enterprises into small and medium-sized enterprises,which is one of the effective ways to solve the financing problem.However,traditional supply chain finance still has shortcomings such as relatively low efficiency and insufficient financial support.With the rapid development of information technology,the wave of traditional industry informationization represented by "Internet+" is constantly coming.Supply chain finance has also evolved from the original chain management to the network model,and gradually realized onlineization.The Internet supply chain financial model came into being."N+N+N" has become a new model of supply chain finance.In this new phase,finance,the Internet and the supply chain have been highly integrated,realizing the integration of capital flow,information flow,logistics and business flow.At present,most of the relevant researches at home and abroad,focusing on supply chain finance,focus on definition analysis and risk management.There are few cases of supply chain finance in the Internet context.This paper takes the business model of CSCC as the research object,and combs and analyzes the business structure and operation process of cloud chain finance,in order to provide some reference for the development of internet supply chain finance.This paper starts with a simple basic concept,introduces the concept of supply chain finance,four traditional supply chain finance business models of accounts receivable financing,inventory financing,prepayment 'financing and strategic relationship financing,and commercial bank online supply chain.Finance,core enterprise self-operated supply chain finance,e-commerce platform supply chain finance and P2P online lending platform supply chain finance are four business models of Internet supply chain finance.It analyzes the unique advantages of Internet supply chain finance in terms of collateral and financing costs compared with previous financing methods,as well as credit risk,industry risk,platform risk and institutional risk that Internet supply chain finance may face.Operational risk.This paper selects CSCC as a case study.It introduces the background of the establishment of CSCC,the basic situation of the platform and the business structure centered on "Yun Xin",CSSS business factoring and CSCC middleware.Furthermore,it analyzes the advantages of CSCC in terms of creditor recognition,receivable and payable clearing methods,supply chain ABS products,and "N+N+N"platform model;relevant measures taken by the platform to control risks such as operation and credit At the current stage,there is still a problem that the demand for financing scale is increasing rapidly,the difficulty of obtaining bank credit,the high cost of capital,and the lack of depth in the application of modem technology.And put forward relevant suggestions for the further development of CSCC.This paper belongs to the application research of Internet supply chain finance.Through the research on the business model and operational results of CSCC,an emerging Internet supply chain financial platform,it provides some reference for the transformation of traditional industry supply chain finance in the future.It has certain practical significance and Innovative.