Financing Model Decision Based On Retailer's Capital Constraints

In recent years,the rapid development of economic globalization has created a large number of fully reinforced companies, but the majority of these are small and medium-sized enterprises that remain weak but are integral to every aspect of society.Most of these small and medium-sized enterprises are not very competitive. Due to the lack of registered capital and low qualification credit rating, their mortgage or pledge can't be recognized by a financial institution. It's difficult to get loans to alleviate the problem of capital constraints. A series of supply chain financial products have emerged in response to the financial difficulties prevalent in the small and medium-sized manufacturing enterprises.This paper first introduces the evolution of supply chain finance, and expounds the main operating mechanism and main characteristics of the main supply chain financial products. Then the paper introduced the supply chain contract coordination and set up a model combined with financial products. The model which set supply chain financing model such as supply chain internal financing , supply chain outside financing,inventory financing and accounts receivable financing and so on as research object mainly solves the problem of how small and medium-sized enterprises can make the financing plan in different situations. Finally, the paper establishes the model to help the retailer choose the appropriate financing model based on the conditional risk value criterion and the market demand forecast.The fourth chapter emphatically discusses how to apply the mutual guarantee financing model to the supply chain and put forward a new supply chain financial model to help the small and medium-sized manufacturing enterprises solve financial difficulties and coordinate the supply chain better. It uses the grey comprehensive evaluation system to help the mutual guarantee of supply chain alliance members access the credit risk aiming at eliminate the members who fail to meet the credit standards.Then the fourth chapter proved that mutual guarantee financing will increase the willingness and credit line of bank credit by building a model. Chapter 4 finally used the Shapley value method to help the mutual guarantee alliance determine the amount of guaranteed funds that each member should pay.