Research On Risk Control Of Credit Guarantee For Small And Medium-sized Enterprises In LZ Guarantee Company

With the continuous development of Chinese society and economy,Small and Medium Enterprises(SMEs)are increasingly catching in people's eyes and playing an important role for economy.SMEs have difficulty in obtaining enough loan quotas directly from banks because of their limitation in credit and capacity.Therefore,guarantee companies have become the bridge between lending institutions and SMEs.The emergence of guarantee company not only increases the credit of enterprises,but also enhances the confidence of banks and other financial institutions to issue loans to SMEs.At the same time,guarantee companies bear the risk of serious mismatch with their own income.Risk control is a problem that must be solved in the purpose of the development of guarantee companies can be sustainable.Therefore,the research on the risk control of small and medium credit guarantee company is particularly important.The paper firstly describes the background and significance of the research.It cites and analyzes the relevant research literatures at both domestic and overseas,reaching the enlightenment of the research results,methods,technical routes and main innovations from other countries.After that,the systemic risk,credit risk,market risk and operational risk of SMEs are analyzed separately by taking LZ guarantee company as an example.What's more,causes of risks are analyzed through several actual cases.Then,it expounds the main measures taken by LZ guarantee company SME credit guarantee risk control and the main results achieved,analyzes the risk status of LZ guarantee company,and points out the problems of its risk control.Then,by referring to the advanced guarantee risk control model and experience at home and overseas,combined with the actual situation of LZ guarantee company,the improvement measures of LZ guarantee company's SME credit guarantee risk control are summarized from five aspects:improving system construction,strengthening front-back interaction,setting guarantee quota,establishing risk sharing mechanism,optimizing the mechanism of selecting and employing persons.The research results of this paper are not only helpful to LZ guarantee company,but also to small and medium credit guarantee companies.