improve the enthusiasm of all parties involved in supply chain finance-凯发k8天生赢家

improve the enthusiasm of all parties involved in supply chain finance

now, in the central developing pratt & finance, focus on small and medium-sized enterprise financing difficult problem under the background, supply chain finance financing gradually rise, and block the addition of chain technology makes electronic voucher for multistage circulation, supply chain finance the system data accessible and reliability enhancement, more efficient, intelligent contract also helps to prevent default behavior. at present, supply chain finance can be divided into three forms, which are prepayment financing, inventory financing and accounts receivable financing. at present, accounts receivable financing is widely used, including factoring, reverse factoring and other forms. from the perspective of accounts receivable financing mode, this paper points out the problems existing in supply chain finance. first, the characteristics of key industries themselves lead to the lack of enthusiasm of some core enterprises to participate in supply chain finance. second, small and medium-sized enterprises may bear more discounted costs, leading to their participation in supply chain finance enthusiasm discouraged. third, there are still some hidden dangers for financial institutions to carry out supply chain finance business, and it is urgent to promote and apply blockchain technology. in view of these problems, the author puts forward some policy suggestions.

in the accounts receivable financing mode, the core enterprise plays a key role

accounts receivable financing refers to the financing needs of the enterprise with the hands of accounts receivable financing. as one of the important forms of supply chain finance, accounts receivable financing model of core enterprise, usually is the key of the supply chain resources, can determine the rhythm of running and efficiency of the supply chain, and in the aspect of logistics, information flow and workflow resource allocation has organization and coordination function, can realize and improve the core competitive advantage of a supply chain.

in the whole supply chain, when the upstream supplier and the core enterprise real trade, will generate accounts receivable. at this time, financial institutions can provide financing to upstream suppliers with financing needs according to their credit line to core enterprises and pledge provided by suppliers. accounts receivable financing can be divided into two types, accounts receivable factoring and accounts receivable pledge. the receivables financing process generally includes the following three links: the core enterprise and financial institutions to sign an agreement; financing needs enterprises obtain financing from financial institutions by pledge of receivables or factoring; within the prescribed period, the core enterprise reimburses the accounts payable of the middle and upstream enterprises to the financial institutions.

accounts receivable financing, the core enterprise has a key role. in july 2019, the bank insurance regulatory commission issued the guidance on promoting supply chain finance to serve the real economy to major banks and insurance companies. "banks and insurance institutions should rely on the core enterprises of the supply chain, integrate all kinds of information such as logistics, information flow and capital flow based on the real transactions between the core enterprises and the upstream and downstream chain enterprises, and provide comprehensive financial services such as financing, settlement and cash management for the upstream and downstream chain enterprises," the document said. the requirements of the guidance reflect the dependence of supply chain finance on core enterprises.

specifically, in supply chain finance, the improvement of the efficiency of supply chain finance depends on the core enterprises. core enterprises have a high credit rating in banks or other financial institutions, and there is often a surplus of credit line. therefore, the credit line of core enterprises can be provided to the capital demander in the supply chain by virtue of their credit advantages, so as to solve the problem of poor credit and difficulty in obtaining financing for small and medium-sized enterprises.

source: sina finance and economics