China's Special Economic Area Small And Medium-sized Enterprise Supply Chain Financing Model Research

Review of the small and medium-sized enterprise growth and the development of history, no matter how the external economic environment changes, also no matter how to adjust the domestic economic policy, and small and medium-sized enterprise financing difficult question has long been exists.The grim situation directly lead to small and medium-sized enterprises when capital chain rupture, into a small and medium enterprise failed cold wave sweeping the country.Of course cause this a series of discordance and imbalance reason is various, there is a greater risk of small and medium-sized enterprises, the industrial structure is not reasonable, and lack of the full collateral, and loans are difficult to manage its own factors such as, also have commercial bank financing threshold high, target tendency large customers, credit product development lag and related credit regulations loss, the global financial crisis and the appreciation of the RMB double pressure on the external factors.At present, the supply chain finance (SCF) as a commercial bank to solve financial problems such as the financing difficulty new financial instruments and systemic financial solutions, gradually become the four major state-owned Banks and commercial Banks their new business growth and income of middle business profit growth point, and supply chain financing is the important component of the supply chain finance.This paper tries to stand in the point of view of the global supply chain, with special economic region core enterprise supply chain members of the upstream capital demand as the starting point, the thorough specific problems, and use of medium and small-sized enterprises in the supply chain and the core enterprise has the stable business, trade funds and other advantages, combined with the chattel mortgage and the transfer of the creditor’s rights mode, study the special economic area small and medium-sized enterprise supply chain operation mode of financing mechanism, participate in the risk and benefit main body.This paper is divided into three parts analysis:First of all, the basis of study work includes the first chapter and the second chapter, mainly introduces the theoretical foundation of the paper, refining the supply chain finance, supply chain financing the content of the products, introduces the market value of the supply chain finance and the logistics finance and banking traditional trade financing the similarities and differences, meanwhile for financial model of supply chain on qualitative research.Second, the main part of the paper containing the third chapter to chapter5, mainly to the special economic area supply chain model and the core enterprise with upstream suppliers are analyzed, and through to the three main supply chain financing products that Advance financing, Inventory financing and Accounts receivable financing of concrete research, choose from the supply chain of typical model-financial accounts receivable as the research object, and combining the International Factoring this global accounts receivable del credere agents of the financial instruments to improve the accounts receivable financing mode and product process, and convert the bank credit concept. In reducing the supply chain financing transaction cost competitive advantage, and on the basis of the competitive advantage to research and make suitable for special economic area small and medium-sized enterprise optimal supply chain financing product portfolio optimization plan, the bank, the core enterprise, small and medium-sized enterprise three main body in supply chain financial services profit increase value.The last is the summary of papers, including chapter6, summarized the research papers, and in the light of the shortcomings of the existing in the research paper puts forward Suggestions to further study is forecasted.