Research On Credit Risk Evaluation Of Supply Chain Finance In China

Supply chain finance provides a new development direction to solve the financing problems of small and medium enterprises.Now,supply chain finance has gradually become important areas which the major giants competing to expand the development.However,due to the supply chain finance business in our country is still relatively short time,the existing credit risk assessment system is generally only applicable to large and medium-sized enterprises,and now,there is almost no perfect credit risk assessment method for small and medium-sized enterprises.So it is difficult for the small and medium enterprisesto melt into the funds.While banks and other financial institutions will lose a lot of potential customers,because they can not control the credit risk of SMEs.In this paper,a credit risk assessment model for small and medium-sized enterprises is established from the perspective of supply chain.Through an effective assessment of the financing risks of SMEs,banks and other financial institutions can expand the scope of credit enterprises.And it can solve the problem of financing small and medium enterprises effectively,also make the financial institutions and enterprises to achieve a win-win situation.First,this paper make a brief introduction for the main participants in the supply chain finance and financing models,then analyzes the influence factors and credit risk characteristics of supply chain financial credit risk.Secondly,it briefly introduces the existing credit risk assessment methods,based on the analysis of the advantages and disadvantages of existing credit risk assessment methods,it is proved that Logistic model is more suitable for assessing financial credit risk of supply chain.Thirdly,this paper establishes a credit risk evaluation index system based on supply chain finance ands elects 30 companies of communications industry which in the small and medium-sized board as a sample of data,then use Logistic model to do empirical analysis,and the comparison between the traditional credit risk assessment system and the supply chain financial credit risk assessment system under the empirical results show that this paper constructed based on the supply chain financial credit risk assessment model of the feasibility and superiority.Finally,this paper puts forward some countermeasures and suggestions on macro-level,financial institution level and small and medium-sized financing enterprises’ self-level prevention of supply chain financial credit risk.