The Credit Risk Profile And Prevention Of Automobile Dealers In Supply Chain Finance

It has become increasingly difficult for small and medium-sized enterprises to obtain bank loans in the traditional bank credit,which has been a bottleneck restricting their further development.As an innovative financial service,supply chain finance opens up indirect financing channels for these companies.Financial institutions,mainly commercial banks,provide financial products and services for borrowers by binding the credit of core enterprises with upstream and downstream companies,while building a platform which sharing the cashflow of borrowers and Logistic information.As the supply chain finance is widely applied in automobile industry,this paper focuses on the credit risk of automobile dealers in supply chain finance.Firstly,it summarizes the academic research findings at home and abroad on the credit risk of supply chain finance,and then makes a theoretical analysis on the causes of the credit risk in supply chain finance.Second,the thesis analyzes the potential risks under different business patterns,summarizes characteristics of automobile dealers’ credit risk in supply chain finance.We selected various risk warning indicators of the borrowers and the core enterprise,and develop a credit risk assessment system.After simplifying variables by principal component analysis,the research develops the credit risk profile model which is based on Logistic regression.At the end of the thesis,we put forward some suggestions on the credit risk profile and prevention in the supply chain of automobile dealers.