A Research On The Development Of Commercial Factoring And Internet Finance Integration

The policy environment for commercial factoring in China continues to improve in recent years. In the present, commercial factoring double frontal increase year by year, despite the turnover is doubled, but the commercial factoring in our country is still in its infancy.Commercial factoring can alleviate financing difficulties in small and medium-sized enterprise, improve the enterprise’s financial condition and enhance the enterprise’s sales system at the same time, speed up industry consolidation. Common commercial factoring business model mainly includes factoring financing lease, factoring pool and reverse factoring. Compared with the bank factoring, the commercial factoring accounts for only a small proportion in our country, from the market capacity of our country, factoring business have a very broad space for development. Apart from the imperfect laws and regulations, capital bottleneck problem are the main problems which restrict the development of the commercial factoring in China.When commercial factoring get rapid development, China’s Internet financial industry also shows explosive growth state. Our P2 P turnover in 2015 has reached nearly one trillion yuan, financing difficult business factoring fusion Internet financial look realistic.At the same time due to the development of e-commerce, the use of big data, the electronic commerce platform for supply chain enterprise factoring to solve the problem of the financing difficulty of small and medium-sized enterprises in the supply chain at the same time, promote the development of their business, achieve a win-win situation."Jingbaobei" business is a factoring financing pool plan that Shanghai Banghui factoring designed aimed at Jingdong mall proprietary platform vendor.The business based on the integration of information, capital and logistics automatic processing, solves the dingdong supplier’s money problems.The Aitouziaibaoli is shenzhen international trust &investment factoring company will transfer commercial factoring in P2 P platform. P2 P investors pay consideration to the factoring company, factoring company will buyback the mature factoring.Through "Jingbaobei" and “Aitouziaibaoli” analysis, The main problems of commercial factoring and the Internet financial integration has problems of its own electric business platform or P2 P platform, legal compliance, factoring asset existing problems.At last offer proposals to merge them from the legislative, regulatory, credit reporting industry, exit mechanism, etc.