Supply Chain Finance Receivables Financing Mode Credit Risk Control

In the process of economic and social development in China, Small & Medium-sized enterprises(SEMs) are vital to Chinese economic system, as the characteristic of the economic system, so the problem of SEMs financing difficulties become the major resistance to hinder its development. China’s financial institutions are continuously introducing new businesses to adapt to the SEMs’ financing demand, so the supply chain finance arises at the historic moment. As far as 2007, "The Property Law" has cleared the accounts receivable could be used as the pledge, which provides a new way of financing for SEMs which lack of effective real estate mortgage. In the meantime, “The Property Law” offers a new business model for commercial banks, which is Accounts receivable financing model of supply chain finance. As a new model, its risk control influences the whole operation of the commercial banks. Therefore it is necessary to research the credit risk about the accounts receivable financing mode and analysis the size of the credit risk, as it provides an effective new way for the risk prevention of commercial banks.The essay is based on supply chain finance as a starting point, it systematically introduces supply chain finance on connotation, classification and operation mechanism of related patterns, deeply discussing related risk theory of supply chain finance, it sets out a clear view and direction of discussion about the risk control of accounts receivable pattern.The main research content of this article is the theory of accounts receivable and its risk control. Commercial banks bound the credit of financing enterprises in the supply chain, and on this basis to provide financing to SEMs. Article aimed at the risk, the control of risk management and the structure of risk system of the pattern on accounts receivable financing, then gives examples of traditional and modernistic methods of risk evaluation, and summed up the theory of accounts receivable. In order to precisely elaborate the credit risk control of accounts receivable financing model, the article also make an example of the cooperation between a bank and a core enterprise. Finally, it summed up the strategy of credit risk control to help commercial banks on the theory of accounts receivable mode.