Analysis Of Financing Model Based On Supply Chain Network Binding With Risk Factor

Small and medium-sized enterprises’ financing difficulty is an important factor to restrictthe development of small and middle-sized enterprises. Though the country has issued aseries of policies to encourage commercial banks to open SME financing businesses, butbecause the small and medium-sized enterprises lack of credit and scale, so that banks haveto face huge risks in financing business, and therefore small and medium-sized enterprisesfinancing difficulty is still unresolved. In recent years, the pledge financing involve banks,the third party logistics enterprise, small and medium-sized enterprise three parties, there isa new financing mode called pledge financing gradually started up in some commercialBanks, and is expected to solve the SME financing problems for lack of credit. The pledgefinancing major through the logistics enterprise as an intermediary between banks and SME,to communicate with bank and small and medium-sized enterprises and solve the problemof information asymmetric between bank and small and SME, to help reduce the risk offinancing, reduce the financing costs.With the rapid development of domestic supply chain, compare supply chain network ofSME pledge financing process with the general supply chain pledge financing, itperformance different features. This article base on the research of the normal supply chainpledge financing business, qualitative analysis the characteristics of the supply chainnetwork flow, and points out that the operation mode of supply chain network pledgefinancing and the risk in the business, and proposes some risk control measures. Theresearch indicates that, the average efficiency of the industrial clusters capital flow higherthan normal supply chain, the synergy between the enterprise within the supply chainnetwork increased pledge financing for the development of SME and financing efficiency,but also to help reduce the risk suffered in the bank financing business.In order to enhance the competitiveness of the whole supply chain network, speed up thedevelopment of SME within the supply chain network, needs to increase the loans in theSME pledge financing. In the case of considering the risk, to improve the pledge financinganalyzes loan-to-value ratio, consider supply chain network internal core enterprise as theSME secured party, and bundled with the SME as one to seek the funds of bank lending. Byestablishing a mathematical model and numerical analysis showed that under the conditionof equal in inventory, the bounded financing can get higher pledge rate and loan amountfrom bank; bundled financing mortgage rate decreased gradually with the increase ininventory; the pledge rate of default risk greater than the rate of non-default risk pledge; theprofits obtained by the financing enterprises retailers, manufacturers, and supply chaintripartite increase, the growth rate decreases with the increase in inventory; When the bankfor risk neutral, more inclined to choose to cooperate with individual finance companies;risk aversion will choose and bundled financing enterprises.Addition to business internal factors impact on pledge financing, China’s economicpolicies of the bank interest rates also have important influence on financing decision, thispaper studies based on research of supply chain network bundled financing, By establishing a mathematical model analyzed the bank rate changes and influence for the financing fundsconstraints. Research shows that when the SME without restrictions and certain own funds,with the increase in bank lending rates, the retailer’s optimal order quantity and the profitsbe reduced, the banks themselves profit increased; while the SME with loan limit andcertain own funds, the retailer order quantity can only limit the order quantity range whenthe Bank of the best profit, the retailer reduced profits during the bank’s profits increased.