Research On Supply Chain Finance Model And Risk Control

Small and medium-sized enterprises play an important role in the development of market-oriented economy,the difficulties of financing and the high cost of financing,however,continue to hinder the expansion of small and medium-sized companies.Small and medium-sized enterprises are difficult to obtain credit support from financial institutions because of their small size,weak risk resistance capability and imperfect governance structure.Supply chain finance has changed the situation that banks and other financial institutions determine whether to provide credit services relying solely on the credit situation of a single enterprise,but on examining the supply chain as a whole.It decides whether to provides financial products and services for the member organizations in the upstream and downstream of the supply chain through the credit output of the core enterprises,based on the evaluation of the overall operational situation,managerial quality,risk resistance ability and the trade background of the supply chain.Supply chain finance not only promotes the healthy growth of small and medium-sized enterprises,but also reduces the operating costs of the upstream as well as downstream enterprises in the supply chain,achieving the overall coordinated development of the supply chain.With the rapid development of supply chain finance,that the business model of supply chain finance is constantly innovating,that the business process is becoming more complex,and that the participants are becoming more diversified,also generate new risks.Identifying and controlling the risks in supply chain finance is of great significance to the sustained development of supply chain finance.Through investigating relevant source materials in relevant field,this thesis analyzes the emergence and development of supply chain finance,summarizes relative research results of supply chain finance,and elaborates the related theories of risk control.In the first place,this paper comprehensively analyzes three mainstream commercial mode of Supply Chain Finance:receivables financing model,prepayment financing model,and inventory pledge financing model,as well as areas of application,pointing out major risks existing in various supply chain financial business modes.In addition,the paper identifies a variety of origins of significant risks in supply chain financial business,and reveals those key risks in depth based on various actual business cases.More importantly,it expounds the supply chain financial business risk control framework and corresponding prevention and control measures,including strengthening the construction of credit system,improving the internal control system and accelerating the construction of electronic information platform.Last but not least,it proposes specific countermeasures and corresponding recommendations for the supply chain financial risk control,which contains increasing government supervision,improving laws and regulations system,establishing Internet+Supply Chain Finance ecosystem,and using block chain technology to solve the information asymmetry problems and to reduce operational risks.