Analysis Of The Securitization Model Of Supply Chain Financial

The problem of financing difficulties and expensive financing for small and medium-sized enterprises has attracted much attention from the society.Recently,the finance of supply chain has developed rapidly,effectively solving the problems of financing difficulties and higher costs.For companies in the supply chain,through the asset securitization of supply chain financial,upstream SME suppliers have reduced financing costs through the high credit of core companies.Recently,Asset securitization of supply chain financial in China is developing fastly,and the supply chain financial factoring asset securitization issuance is increasing rapidly.The asset securitization of supply chain finance can achieve a win-win situation for multiple parties,further enhancing the optimization of the overall resource allocation of the industry,and leading to better capital To serve the real economy.In the near future,the expansion of asset securitization of the supply chain financial market will be the great trend.Firstly,we introduce the theory of supply chain finance and factoring financing of accounts receivable,and then lay a theoretical foundation for the discussion of asset securitization of supply chain financial.Then,from the issuance process of asset securitization of supply chain financial,the current characteristics of asset securitization of supply chain financial are summarized and summarized.This article studies the current development status of China 's asset securitization of supply chain financial,from three aspects: accounts receivable scale,supply chain financial development scale,and asset securitization of supply chain financial issue scale.Research on the development of chain financial asset securitization.This article mainly introduces the case analysis of Sichuan Broadcasting and TV's asset securitization of supply chain financial and the supply of financial asset securitization.Based on the analysis of the basic situation of securities,transaction structure,and main participants,it focuses on the analysis of Sichuan Broadcasting & TV's asset securitization of supply chain financial.Analysis of credit enhancement,asset pool situation and risk control arrangements.Finally,based on the case analysis of the article,the value of the securitization of financial assets in the Sichuan radio and television supply chain is summarized and evaluated.Through the analysis of the securitization of financial assets in the Sichuan Radio and Television Supply Chain,Sichuan Radio andTelevision has used its higher subject credit rating and used the asset securitization of supply chain financial to lengthen its account payable period,and also for upstream SMEs.Provides low-cost financing.Therefore,the Sichuan Radio and TV case provides a new perspective for SME financing,and provides mature lessons for companies to use the asset securitization of supply chain financial for financing.Finally,the article proposes that blockchain technology is an effective means to reduce credit risk in the supply chain of financial asset securitization;asset securitization in the form of shelf-style issuance can improve issuance efficiency and greatly reduce the cost of asset securitization.