Research On Risk Analysis And Preventionof Commercial Factoring Companies In China

In recent years,with the global economy and China's economic environment changes,the buyer's market gradually formed and credit sales are increasing.The accounts receivable are rapidly increasing.Factoring has attracted more and more trade enterprises and has been developing rapidly.Especially with the reduction of bank factoring business,the market demand for commercial factoring business is more vigorous.With the support of national policies,the continuous improvement of credit system and credit environment,and the changing market environment,China's commercial factoring business will have huge development space and broad development prospects.However,due to the late start-up time and short development time,China's commercial factoring companies are generally faced with problems and challenges such as poor business environment,rising labor costs,high logistics and rental costs,and rising financing costs.Dealing with business risks is the key to achieving sustainable development for commercial factoring companies.This paper uses the case study method to deeply explore the risks and prevention and control problems faced by commercial factoring companies in China.Through the risk analysis of the specific factoring business of commercial insurance companies,the risk management of China's commercial factoring companies is improved.The full text consists of six parts: The first chapter introduces the research background and research significance of this paper.The second chapter mainly summarizes the conceptual classification of factoring and the development of commercial factoring in China.The third chapter elaborates the opportunities and challenges faced in the development of China's commercial factoring companies.The fourth chapter is the main risks and risks prevention and control faced by China's commercial factoring industry.The fifth chapter mainly introduces the risk management based on W commercial factoring company and its case analysis.The sixth chapter is the conclusions and suggested countermeasures of this paper.Although domestic and foreign scholars have conducted a lot of research on factoring business,due to the rapid development of factoring business,especially commercial factoring business in recent years,past research has been unable to meet the real needs of such rapid development of commercial factoring business.Provide more constructive comments and suggestions.This paper adopts a case study method combining theory and practice.Through the research and analysis of the overall business of W commercial factoring company and the whole situation of risk prevention and control,this paper analyzes the risks faced by China's commercial factoring companies in the development process and how to prevent and control them,and explores the development of China's commercial factoring business.Existing problems and future development plans,with a view to promoting the development of China's commercial factoring business.