Research On The Factoring Business Of Small And Micro Enterprises Of K Commercial Factoring Company

In recent years,with the development of the Internet and the support of national policy,non-bank financial institutions has been developing,commercial factoring company as an important part of non-bank financial institutions,and in recent years opportunity,into the public view.Commercial factoring accounts receivable financing of small and medium-sized enterprises is an important financial tool,in 2012 the ministry of commeree issued the notice on commercial factoring pilot work regarding,commercial factoring company registration of explosive growth,according to statistics,as of the end of December 2017,our country commercial factoring company has registered more than 8000,1 trillion commercial factoring business scale.Commercial factoring company also meet various challenges in the development,business model,the cost of capital,the problems such as system target audience about the commercial factoring the further development of the enterprise,the registered commercial factoring company,now at the actual Numbers only nearly 1 600,less than 20%of the registrations,so it is necessary to study commercial factoring problem.In April 2017,the ministry of commerce of the people's bank of agency released a small micro enterprise accounts receivable financing work special action plan(2017?2019),small micro enterprises in all business under the background of rapid development,become the important pillar of the national economy,the commercial factoring company research small micro enterprise factoring in line with the national policy guidance,to help small micro enterprise improving cash flow to improve the financing efficiency,at the same time,the type of business is the target customer base for commercial factoring company expansion and business model innovation.Standing in the point of view of commercial factoring company,this paper aimed at commercial factoring company to carry out the small micro enterprise factoring analysis,case analysis,selection of industry specifically for small micro enterprise accounts receivable factoring financing business in the future commercial factoring company as a case study of K,from the opening to the front of the September 2017 for factoring analysis of small enterprises.First of all,this paper elaborates the background and significance of the topic,and puts forward the necessity of selecting the topic,and points out its own views and opinions.Secondly,the present situation of China's commercial factoring companies and the current business situation are explained,and the current situation and problems of China's commercial factoring companies are summarized.Then in K commercial factoring company as a case,introduced K commercial factoring company background and its development status,combined with K commercial factoring company is currently the operation mode of the small micro enterprise factoring and the product process analysis,analysis of the problems and the causes in the process of operation,puts forward the K commercial factoring company in the industry of small micro factoring business improvement Suggestions,and further puts forward the our country commercial factoring company to carry out the innovation of the small micro enterprise factoring thinking.Through the analysis,this paper holds that the small micro enterprise of K company accounts receivable financing patterns of innovation,in the absence of the core suppliers to verify the truthfulness of the accounts receivable case,choose by POS transaction flow as accounts receivable to verify basis and do the future receivables calculation model is feasible.But as a result of K company to understand the risk and fraud on the market is insufficient,lead to some detours,K company as long as to further improve its risk control system construction,control the risk in the process of the product,the product can continue to push and provide better service for the small micro enterprise financing.At the same time,K company can expand the scene,not limited to the POS transaction scenario,as long as it can be measured,the third-party data that can be tampered with by small and micro enterprises can be promoted.Through the study of the case,the paper draws the conclusion that the foreign currency exchange rate risk management of the airlines industry has its necessity in prevention of debt risk and increase of shareholders returns and feasibility of policy and operation.