Research On Risk Control Of Small Loan Companies Making Bridge Loans To Enterprises

As a local financial institution,the microloan company plays an important role in promoting the development of small and micro enterprises in the region and meeting the rational needs of the people.At present,our country is in a new period of economic transition and structural adjustment,in which the financial strain problem of small micro enterprises is increasingly prominent,and these enterprises are urgent to solve this problem through commercial bank loans and private capital.Just under such a background,small loan companies with quick lending speed and simple procedures fit the financing demand characteristics of small and micro businesses to a certain extent.Small and micro enterprises are keen to apply to commercial banks for liquidity loans with obvious interest rate advantages.Small micro enterprises want to acquire renew loans from the bank but affected by the cash flows,which make them unable to pay their bills on time,and commercial banks are urgent to withdraw maturing loans in order to avoid the formation of non-performing assets,both common interests demands prompt banks and small micro enterprises looking for small loan companies and other private capital to provide a bridge loan,namely commonly known as the "Dao Dai" money.Currently,bridging loans to small and micro enterprises is a relatively high proportion of small loan companies' businesses.It is necessary for small loan companies to prevent and control the risk transfer and risk extension of banks.This paper research a real case study of assisting enterprises to issue a bridge loan of Baoding Y microfinance company,founding that microfinance companies often face the operation risk,loan fraud risk,capital chain rupture risk and credit risk and other risks in this kind of business,and the causes of these risks may emerge in incomplete pre-loan due diligence,imperfect mortgaged property management and small enterprises lacking the good faith management,etc.Based on the researches of links and reasons of risk exposure,this article put forward certain enlightenment and reference for China's microfinance companies in preventing and controlling lending risks of making bridge loans to enterprises.For the relevant risks of microfinance companies granting bridge loans to small micro enterprise case,this paper put forward several suggestions to risk prevention and control from the perspective of small loan company,government and commercial bank.Small loan companies should strengthen their own rights protection and risk control ability,pay attention to the cultivation of employees' business ability and the enhancement of employees' risk awareness,and make reasonable use of litigation means to protect their rights.The government should support small loan companies to build up the regional customer information database,establish information sharing mechanism,and promote the sharing of collateral between small loan companies and commercial banks gradually.Meanwhile,the government should strengthen the training of small and micro business owners and promote the integrity management awareness of small and micro enterprises.In addition,commercial banks should strengthen the cooperation of entrusted business with small loan companies.At the same time of strictly examining the truthfulness of business contracts between borrowing enterprises and affiliated enterprises,banks should ascend the information transparency of entrusted payment to small loan companies.