Research On Supply Chain Finance To Alleviate Financing Constraints Of Small And Medium-sized Grain Enterprises

The main body of high-quality development of grain industry is the vast number of grain enterprises,while the number of small and medium-sized grain enterprises is mostly.Due to the particularity of grain industry and the problems existing in the development of small and medium-sized grain enterprises,small and medium-sized grain enterprises are facing increasingly serious financing constraints.Traditional financing methods have a limited effect on alleviating the financing constraints of small and medium-sized grain enterprises.Supply chain finance is a self-paying trade financing credit.Its particularity lies in taking core enterprises and leading enterprises as the financing basis and taking real supply chain business transactions as the background.It can help small and medium-sized enterprises in the whole supply chain to improve their credit qualifications and comprehensive strength,get financial support from financial institutions more easily,break through information barriers and break the information barrier between banks and enterprises.It is a brand-new financing attempt for small and medium-sized grain enterprises.The first part of this paper is an introduction,which introduces the research background and significance.The second part is the literature review and theoretical basis,combing the literature and expounding the theory.The third part summarizes the financing situation of small and medium-sized grain enterprises and the development status of China's grain supply chain finance,and explores the problems existing in the financing of small and medium-sized grain enterprises in combination with the particularity of the grain industry chain and their own operation status.The fourth part organically combines supply chain finance with grain supply chain,puts forward different operation modes and structures of grain supply chain finance in production,warehousing,processing and sales,and gives the mechanism path to improve the financing constraints of small and medium-sized grain enterprises with supply chain finance as the carrier from four dimensions.The fifth part draws a conclusion through the game model of core grain enterprises,small and medium-sized grain enterprises and banks: the external losses of default by small and medium-sized grain enterprises,the guarantee amount of core grain enterprises,the total pledge of accounts receivable and the loan interest rate are the key to the financial operation of supply chain.In the sixth part,the cash-cash flow sensitivity model is used as a test tool to test the financing constraints of small and medium-sized grain enterprises.After introducing the relevant indicators of supply chain finance into the model,the financing constraints are alleviated to a great extent.The seventh part gives the concrete feasible implementation scheme and countermeasures of supply chain finance,specifically in the following aspects:First,the core grain enterprises;Second,small and medium-sized grain enterprises;The third is financial institutions;Fourth,logistics regulatory agencies.