Chattel Mortgage Secured Financing Risk And Control Countermeasure

SEMS are not only an important part of our national economy, but also the most dynamic force of the economy. They are playing a decisive role in the development of society and the progress of the economy. Although in recent years, SEMS financing problems have been gradually valued, but in the current market mechanism, the difficulty of financing is still widespread. In recent years, professional credit guarantee institutions in our country developed rapidly, they provide banking credit guarantee services to SMES positively, and also promote the development of SMES greatly.Firstly, this paper makes an overview of chattel mortgage financing business which has many possible risks. Through application of risk management theories, identification and evaluation of risks proves to be the basis of risk management, since it enables us to make targeted countermeasures for risk control. Besides, methods commonly used for the identification and evaluation are discussed. Secondly, it explores the development of chattel mortgage financing business at home and abroad and introduces the status quo of chattel mortgage financing business in China, providing reference for the following research. Thirdly, it makes a case study of A Bonding Company. By summarizing the risk identification and evaluation of its current chattel mortgage financing business, this paper believes that the key to risk control of the business is the supervision of collateral security. Hence, it is necessary for A Bonding Company to improve business model, make the guarantee product of warehouse financing, and cooperate with strategic partners, so that various business risks can be avoided through enhancing cooperation. Finally, this paper proposes the specific procedures and strategies, making the research more feasible in practice.This paper puts forward specific methods and procedures for bonding company to cooperate with the third-party storage enterprise in chattel mortgage financing business, provides suggestions for collateral security management, and gives references for bonding company’s risk management in chattel mortgage financing business.