Research On Risk Management And Control Of Commercial Factoring Financing Business

The financing business of commercial factoring companies is a business provided by commercial factoring companies in accordance with the current market situation to provide financing for SMEs.Due to the current gradual formation of the buyer’s market,for example,the problem that large amounts of accounts receivable in the construction industry cannot be recovered in time has occurred.Many small and medium-sized enterprises have broken the capital flow of the final enterprise due to the poor ability to realize the accounts receivable,affecting the sustainable development of the enterprise.Solving the financing problem has become an important issue for small and medium-sized enterprises.At present,most enterprises obtain funds from banks,and getting too much money from banks pays too much attention to the credit rating of the enterprise itself,which makes it more difficult for small-scale SMEs to raise funds.Therefore,how to use accounts receivable to achieve financing is a way for many small and medium-sized enterprises to achieve two benefits,factoring financing business came into being.After its introduction into mainland China,its business has grown explosively.Its financing standard has changed from the credit rating assessment of loan companies in the traditional sense to the quality assessment of transactions between buyers and sellers.It can resell the debts of accounts receivable to factoring companies,reducing corporate The share of receivables can even quickly get a sum of money in a short period of time.This change allows many small and medium-sized enterprises not only to obtain financing,but also to use the funds to create more profits.Therefore,this has also caused a number of commercial factoring companies to emerge from the market.Correspondingly,due to the rapid development of commercial factoring,there have been many irregular operations that have caused commercial factoring companies to face many risks.Commercial factoring lawsuits have emerged in an endless stream.Too many invalid businesses have caused the industry to stall.Therefore,through case studies of commercial factoring financing business,this paper refines business processes,clarifies the key risk control points for commercial factoring companies to conduct business,regulates business behavior,establishes risk prevention and control systems,reduces commercial factoring company litigation risks,and promotes commercial factoring The healthy growth of the industry has further solved the problem of financing difficulties for small and medium-sized enterprises,and guaranteed the blossoming and diversified development of the entire economic market.This article first clarifies the particularity of commercial factoring different from other factoring,as well as the characteristics and theoretical basis of commercial factoring,including the advantages,rationality and possibility of risk of commercial factoring,and the second The introduction of the commercial factoring financing business case represented by Soling,including the industry background and company profile of the participating entities,the business development process and the adverse social impact caused by the business development.In the fourth and fifth parts of this article,we use macro and micro comparative analysis,comparative analysis of financial indicators and non-financial indicators to identify,integrate and analyze business risks,and use the "funnel" model to create a perfect risk management and control system based on the analysis results.In order to reduce the risk of the factoring financing business of commercial factoring companies,reasonable suggestions have been put forward.In addition,it is proposed that commercial factoring companies should innovatively avoid risks,such as opening up financing channels and using insurance companies to transfer credit risk.So far,through the analysis and planning of the commercial factoring financing business of Soling Co.,Ltd.carried out by Guangzhou Haiyin,a relatively complete and standardized risk management and control mechanism hasbeen established,with a view to providing good and healthy behaviors for each commercial factoring company and its customers conducting this business guide.