Research On The Problems And Countermeasures Of Factoring Business Development In Inner

Factoring is based on accounts receivable financing product under the trade, the seller will be transferred to accounts receivable factoring provider by the factoring company to provide trade financing, sales account management and a series of integrated financial services. Factoring originated in the mid-20th century, the United States, after years of development, is regarded as an effective way to solve the financing problems of SMEs become widely accepted worldwide trading of financial instruments, after entering China developed rapidly, but compared with developed countries there are still obvious gaps.In recent years, with the widespread formation of domestic and foreign trade buyer’s market, the proportion of credit and other credit transactions increased year by year, large-scale trade and the increasingly high proportion of credit transactions, resulting in a huge number of accounts receivable factoring and initiator huge demand for services; our management departments at all levels aware of this momentum, to carry out pilot work in the factoring business parts of the country, continue to increase policy support. Inner Mongolia is currently focused on creating "five bases" construction in progress during these projects, business factoring as a new financing method, there is a certain competitive advantage, as the representative of innovative financing, and promote regional economic development.In this paper, literature search and comparative analysis as the main research method, by analyzing the current development of Inner Mongolia factoring business, pointed out problems and opportunities for development, based on specific business practices and domestic and international experience, proposed the development of Inner Mongolia factoring business in countermeasures and suggestions. Text is divided into five parts:Chapter 1 introduces the background and significance of this paper; Chapter 2 is an overview of the development of factoring business; Chapter 3 investigate the status of Inner Mongolia factoring business development, problems and opportunities; Chapter 4 put forward suggestions on the development of business in Inner Mongolia factoring; Chapter 5 is the conclusion of this article, through research and analysis, I believe that business conduct factoring business in the Inner Mongolia region has the necessity, feasibility, business factoring company can balance risk and under the premise of the relationship between income, get a better return on investment.