Research On Credit Risk Of Sme Financing From The Perspective Of Supply Chain Finance

Since 2018,China's real economy has been developing slowly.Under this background,the development difficulties of small and medium-sized enterprises remain.Difficult financing,expensive financing,and slow financing are still the major concerns of academia and industry.The gradual development of supply chain finance has played an active role in alleviating the financing constraints of SMEs,promoting the integration of industry and finance,and coordinating the management of supply chain finance.It is also an effective way to provide financial services to the real economy in the supply-side structural reform.Prove that supply chain finance can ease the financing constraints of SMEs.With the development of supply chain finance,the credit risk of small and mediumsized financing enterprises arises from the perspective of supply chain finance.Risk management is one of the key tasks of the credit business of banks and other financial institutions.It runs through the credit business before,during and after the loan business.Therefore,it is particularly important to develop credit risk management for supply chain finance.This article studies the credit risk of SME financing from the perspective of supply chain finance.It mainly includes the following four parts: First,research the formation mechanism of supply chain financial credit risk,and analyze the supply chain from the theoretical level of supply chain management and information asymmetry The formation mechanism of financial credit risk;second,analysis of the current status of the development of supply chain financial credit risk management;third,based on the study of the formation of credit risk mechanism,a comprehensive supply chain financial credit risk evaluation index system was constructed,The article mainly starts from the four aspects of macroeconomic operation,small and medium-sized financing enterprises,core enterprises,and the overall operation of the supply chain,and builds a supply chain that contains 4 first-level indicator variables,10 second-level indicator variables,and 31 thirdlevel indicator variables.Financial credit risk evaluation index system;Fourth,on the basis of building a credit risk evaluation index system,the logistic regression model is used to measure the financial credit risk of the supply chain.This paper selects 58 listed companies in the domestic SME board and GEM as sample data,uses SPSS software to evaluate the credit risk of the sample companies,and establishes a supply chain financial credit risk evaluation model.Empirical research shows that the supply chain financial credit risk evaluation index system constructed in this paper can assess credit risk with an accuracy rate of 93.1%.The macroeconomic operating environment,the qualifications of small and mediumsized financing companies,the strength of the core enterprise and the overall operation of the supply chain affect the supply chain.An important factor in financial credit risk.Therefore,the supply chain financial credit risk index system constructed in this paper can be used as an important reference for commercial banks to assess the supply chain financial credit risk.