Research On Risk Control Of A Commercial Factoring Company

The commercial factoring is mainly a trade financing behavior based on the transfer of accounts receivable.In recent years,with the rapid development of China's market economy and the gradual formation of buyer's market,credit sale has become a main way of transaction.A lot of accounts receivable have been generated in the production and operation of enterprises.And the factoring business based on the transfer of accounts receivable can greatly alleviate the shortage problem of circulating capital of enterprises.By accelerating the transfer of accounts receivable,commercial factoring can effectively revitalize the current assets of enterprises and enhance the cash flow of enterprises,which can effectively solve the problem of enterprise financing.At present,the development of China's commercial factoring companies is very fast,but they are also faced with many risks.There are many problems in risk control of commercial factoring companies.Influenced by a variety of factors,the risk exposure pressure of factoring is increased,and the risk events of internal and external fraud occur frequently.Therefore,the research of the risk control of the commercial factoring company is of great significance to the development of the commercial factoring industry and the market economy in China.This paper firstly expounds the background and development of the factoring industry situation,combined with the viewpoints of scholars at home and abroad,and summarizes the connotation and significance of commercial factoring risk management and related support theory;secondly,from a macro point of view,this paper analyzes the risk profile which the commercial factoring is facing,according to the paper,mainly divided into credit risk and operational risk and legal risk;thirdly,this paper,from the microcosmic point of view,in the perspective of A commercial factoring company,analyzes the business process and risk control process of A commercial factoring company,discusses the problems existing in risk control of A commercial factoring company,finally puts forward the corresponding measures.Through the study of this problem,we hope to provide a reference for the improvement of the risk control level of A commercial factoring company and the risk control of similar institutions.