Research On The Credit Risk Of Internet Supply Chain Finance

In recent years,the rapid development of small and medium-sized enterprises has become the main force of my country’s national economic growth,but the vast majority of small and medium-sized enterprises are facing financing difficulties.The supply chain finance model connects core enterprises,small and medium-sized enterprises and third-party logistics,which can help small and medium-sized enterprises to alleviate financing difficulties.With the development of Internet technologies such as big data and cloud computing,the combination of supply chain finance has given birth to Internet supply chain finance.This new financing model can integrate resources to a great extent and solve the financing problems of small and medium-sized enterprises,and has become the strategic direction of commercial banks’ future development.At the same time,the credit risk of Internet supply chain finance has also become an important research topic.As one of the earliest representative industries in my country to develop supply chain finance,home appliance enterprises have the characteristics of a large supply chain and a large number of upstream and downstream enterprises.The credit risk factors they face in the financing process are more complex.Therefore,how to scientifically and effectively evaluate the Internet In the background,the credit risk of upstream and downstream SMEs in the household appliance industry has become a hot financial topic.This paper first introduces the relevant theoretical basis,summarizes relevant literature from three aspects of supply chain finance,Internet finance and Internet supply chain finance,and points out the credit risk evaluation method of Internet supply chain finance;method and expert scoring method to select 20 credit risk evaluation indicators;then,using the 5-year data of 43 upstream and downstream small and medium-sized enterprises in the household appliance industry as a sample,using the principal component analysis method to extract 7 principal components,and using the Logistic model to frame the Finally,based on theoretical analysis and empirical analysis,the research results of this paper are summarized,and the credit risk prevention suggestions are pointed out from the three main bodies of small and medium-sized enterprises,core enterprises and the whole supply chain.The research results show that the credit risk evaluation index system constructed in this paper has a high prediction accuracy,which has a certain significance for the credit risk evaluation of Internet supply chain finance.According to the empirical results,the core enterprise strength factors play an important role in affecting the default rate of small and medium-sized financing enterprises.Financial credit risk has a greater impact.