Research On Supply Chain Financing Of Beitai Iron & Steel Group

In the 21st century, the rapid development of China's enterprises. Many enterprises due to lack of funds has seriously hampered its normal development. Especially since the second half of 2008, as the international financial crisis spreader and spreader. Our business has been badly hit, There has been operating difficulties, loan financing difficult situation, faced with unprecedented challenges. Beitai Iron & Steel Group is a medium-sized steel companies located in the northeast, was established in 1971, after 40 years of development, particularly in the last 5 years, entered a rapid development stage. Beitai Iron & Steel Group has experienced from small to large-scale, multi-species by the small change, technology and equipment level from low to high, from weak to strong comprehensive strength of the development process.The need for finance companies is to meet the objective of continuous development of enterprises, especially in the development of iron and steel enterprises in recent years is in full swing, through the General Administration of Customs of ore, coke and crude steel imports, the export volume of sheet metal and other data, Chinese steel enterprises need capital to make their development more smooth and healthy.In the 21st century, the sake of the banks in line with the concept for the enterprise, according to their own design characteristics of a wide variety of financing, which is particularly and remarkably is the supply chain financing. The paper selected Beitai Iron & Steel Group in China top 500 enterprises ranking in ranked 90th, ranking hundred enterprises in Liaoning Province, ranked No.4 in recent years developed very rapidly, particularly in the purchase of raw materials and sales of building materials Products sufficient funds urgently needed to meet the up and down the chain of development, which for many similar situations with which the upstream and downstream enterprises have a stronger reference to reference.As a result of the global financial crisis, plunged into the world economy since the Great Depression the most difficult situation. With the huge changes in market conditions, domestic policy adjustments, the economic downturn, iron and steel market situation and uncertainties and other factors, the development of enterprises under increasing pressure. In the face of the bank has shown lack of collateral makes the Beitai Iron & Steel Group disadvantages there was financing difficulties. It is in this case, the paper from the trade finance in the supply chain financing to start, the core and satellite business enterprise and combination of products in-depth study on the financing of enterprises.