Credit Risk Evaluation of Supply Chain Financing of Small and Medium-Sized Enterprises

Abstract

with the rapid development of market economy in our country, the status of small and medium-sized enterprises in our country national economy is more and more high. But now, there are many restrictive factors hindering the development of small and medium-sized enterprises, including financing which is still one of the prominent problems restricting the development of small and medium-sized enterprises at present stage. In this case, Supply chain financing comes into the line of sight of people as a new financing model, it embarks from the supply chain structure and trading characteristics, with the help of the whole supply chain core enterprise credit strength and the value of the flow of goods, providing comprehensive financial services for single or multiple of small and medium-sized enterprises on the supply chain. It has broken the traditional limitation, from global level of industry supply chain, can effectively alleviate the financing difficulties of small and medium-sized enterprises in our country. So, in order to improve the financing difficulties of small and medium-sized enterprises in our country, it is very necessary to do a systematic study related theory of supply chain financing. To financing credit question, however, is still one of the important factors that must be considered. Based on this, under the guidance of the theory of supply chain management, the article made a systematic research of evaluation credit risk of small and medium-sized enterprise supply chain financing.This article revealing the advantage of supply chain financing from the perspective of credit risk evaluation, finally providing a little thought for easing the financing difficulties of small and medium-sized enterprises in our country. Keywords-small and medium-sized enterprises; supply chain financing; credit risk evaluation I. RELATED INTRODUCTION OF SUPPLY CHAIN FINANCING AND CREDIT RISKS A. Introduction of supply chain financing Supply chain financing refers to a kind of financing model that the bank examines the overall situation of supply chain firstly to grasp the scale and strength of the entire supply chain, especially learning the overall strength of core enterprises, and provides financial solutions for the core enterprises and their upstream and downstream enterprises. Supply chain financing is a system consisted of banks, supply chain node enterprises, third-party logistics companies. The essence of supply chain financing is taking all the companies in the supply chain as risk integration, banks relying on the core enterprises, to reduce lending risks through the control of future enterprises earnings. B. Introduction of credit risks Credit generally refers to the practice for what the individuals or enterprises promised to do, and if he can do it, it is proved that he has the credit. After human society entered the commodity economy, credit has become an important factor in the development of human society. After into the market economy period, credit is very important. In the current credit economy, the narrow credit mainly refers to funds credit, which is mainly because the trust of borrower and considering it will be able to practice repayment behavior, and generate immediate funds lending behavior. II. ANALYSIS ON CHINESE SMES FINANCING