The Research On Financing Models Improvement Of Hai Xiang International Trade Co., Ltd.

Hai Xiang International Trade Co., Ltd. is a professional rebar, wire rod, bar, plate and other steel sales and distribution business. The company is in a period of rapid development, has a vast market and considerable profit margins, sales growth, but due to the development of enterprises is not perfect, few of its own funds, internal financing can not meet growing demand for the company’s business; corporate external financing strategies, all with varying degrees of financing limitations. Difficult to have a free hand focused on operations. Thus, for the company to improve the current financing model is the most important development of the company.First, the company’s existing financing model for analysis, identify problems, and then improve the financing model based on the principle of improving the existing financing model, and later stages of development financing model developed appropriately. Hai Xiang International Trade Co., Ltd. is now in the formative years, at this stage, the main problem the company’s financing model is larger financing risks, lack of direct external financing conditions, lack of long-term financing model system, therefore, in the improvement of this article proposed endogenous and exogenous financing model combining financing, using a variety of financing to make a variety of financing models combined into a financing system, complement each other in order to reduce financing risks, financing costs and other purposes. After the company’s development to maturity, should be the main use of external financing, the company may choose the second board in the domestic market financing, the company can also try to guarantee bonds and convertible bonds institutional bond financing. This paper also proposes a number of measures, from both inside and outside financing to ensure the implementation of the financing model.In China, SMEs such as Hai Xiang International Trade Co., generally facing financing difficulties, so this paper drawing on the basis of the research results at home and abroad, combined with the actual situation of Hai Xiang International Trade Co., Ltd., its financing model improvements, hoping to provide a reference for other companies.