| The factoring business can alleviate the financing difficulties of small and medium-sized enterprises has been studied and demonstrated by many academic circles,and has been promoted in the real industry.Facing the downward pressure on the economy in recent years and the challenges faced by the real economy,the high-quality credit of core enterprises under the traditional factoring business model has not been fully utilized and the credit penetration ability is poor;the credit qualifications of small and medium-sized enterprises are not enough,and the financing threshold is still high.,The bargaining power of the industry chain is weak,and the problem of a high proportion of bad debts has gradually become prominent.Traditional business models are difficult to meet the requirements of upstream companies in the supply chain.Therefore,some core companies,financial institutions,and other supply chain finance participants have launched platform-based,credit-conducted reverse factoring financial products for accounts receivable,and when risk control is carried out,the focus is on the core companies in the supply chain.And in the supply chain,core companies with high credit ratings are introduced to better serve upstream suppliers with low credit levels and lack of collateral,so that they can obtain various services such as loan issuance and bad debt guarantees.Expand business scenarios horizontally and vertically to improve customer acquisition capabilities.In the development process,the application of financial technology and the construction of digital credit provide technical support for the development of new models and risk management.In this context,JS Bank innovated to build a tripartite model of commercial banks,financial service platform companies,and core enterprises.By granting credit to core enterprises and building an online enterprise financial service platform,JS Bank developed reverse factoring loan business,revitalizing the market.A large number of accounts receivable assets have formed a certain scale after several years of development,and the process design and risk management of reverse factoring products have been improved and effective.This paper takes JS Bank’s credit penetration reverse factoring financing business as a case,and systematically analyzes JS Bank’s full-process risk management system covering pre-loan,in-loan and post-loan,and takes the construction industry enterprise HT Construction Group as an example.Analyze the core enterprise’s operation,finance,supply chain,and financing status,analyze the external environment,status identification,credit evaluation,capital flow,information flow,accounts receivable and other risk management measures of the case enterprise.Finally,it pointed out the shortcomings of risk management under the current business model,and proposed corresponding improvement suggestions. |
