Research On The Factors Influencing The Credit Risk Of SMEs Under The SCF Model

Supply chain finance provides a proper solution for the financing difficulties of SMEs.It not only solves the problem of difficult financing for SMEs,but also eases the contradiction between banks and other financial institutions,the difficulty of triangular debts,and other issues.However,while the supply chain finance is developing rapidly,the credit problem has gradually emerged.How to assess the credit risk of SMEs under the supply chain financial model has become particularly important.According to the research of previous scholars,this paper will take SMEs involved in supply chain finance business as a research entry point.The first is the introduction of background and research significance,as well as the concept and current status of supply chain finance.Then,based on the analysis of supply chain finance theory and SME credit risk theory,the paper analyzes the credit risk of SMEs under the supply chain financial model.Forming the mechanism and characteristics,then selecting the emerging industry of electronics manufacturing as the research object,scientifically and rationally selecting the evaluation indicators of the credit risk research of SMEs under the supply chain financial model,and then performing the principal component analysis on the collected data.The main component factors that best represent all the indicators are selected.Finally,the panel logistic model is used for regression analysis,and the research conclusions of this paper are obtained.The corresponding countermeasures are proposed for these conclusions.The research results of this paper show that the credit risk of SMES needs to be evaluated from a new perspective.Instead of using traditional risk assessment methods to measure the credit risk,the status of the entire supply chain and the qualifications of the core enterprises cooperating with it should be comprehensively considered on this basis.This paper focuses on the selected data of small and medium-sized enterprise own factors index,and assets under finance factors(accounts receivable),the supply chain cooperation situation,according to the empirical analysis results,to illustrate the three types of small and medium-sized enterprise credit risk is the main source,according to these factors,we put forward several countermeasures: one is that the government should formulate relevant laws and regulations as soon as possible to help the development of supply chain finance.Second,the participants should build an information sharing platform to promote information transmission in the supply chain and reduce credit risks.Third,small and medium-sized enterprises should still pay attention to improve their own strength,increase investment in research and development for technological innovation.