Innovative Exploration Of Supply Chain Financing Model For Small And Medium Enterprises

In today's fast-developing world economic system,the core competition of enterprises is not only presented by individual enterprises,but has risen from the individual competitiveness to the competitiveness level of the entire supply chain.Creating a healthy supply chain environment has been recognized by countries around the world.highly valued.China has also put forward the long-term goal of establishing a virtuous circle of supply chain ecosystem,taking advantage of China's huge advantages in the international trading system to make a strategic layout in advance,so as to promote the rapid development of domestic enterprises.The key to the ability of small,medium and micro enterprises in the supply chain to obtain credit through financial institutions is the degree of recognition of core enterprises in the supply chain by various financial institutions.Due to the different backgrounds and missions of major financial institutions,the groups and priorities of the companies they serve each other are different.This article designs a new supply chain financing model to solve the financing problems of small,medium and micro enterprises upstream of TY Iron & Steel.Large commercial banks mainly serve the supply chain where core companies with high visibility and national influence are located.TY is a provincial subsidiary.State-owned enterprises have a high reputation in the province,and their domestic influence is relatively ordinary.Therefore,they cannot obtain credit for small,medium and micro enterprises in the upstream of the supply chain.For small city commercial banks and rural commercial banks,due to the lack of relevant professional and project experience,And because of the difficulty of developing the supply chain technology system,it is difficult to meet the financing needs of upstream supply chain companies.In order to solve the above problems,this article starts with the supply chain financing model and introduces the SX Financial Asset Trading Center,which is set up by the provincial government and mainly provides financial asset transactions and financing services for state-owned enterprises,listed companies,and large enterprises in the province as financing channels.Thetrading center's financial asset listing trading function and financing function,introducing the participation of commercial factoring companies and qualified investors,granting credit to small and medium-sized enterprises in the supply chain through reverse factoring,and borrowing funds from the off-market asset securitization issue method to raise funds,With a view to solving the problem of financing difficulties faced by small,medium and micro enterprises in the supply chain of TY Steel.This article further analyzes the applicability of the model and points out possible risks and deficiencies.Through the research in this article,we hope to solve the substantial financing problems for more small,medium and micro enterprises in the supply chain,so as to promote the development of small and medium enterprises.