Research On Credit Risk Management Of L Company Supply Chain Finance Business

Supply chain finance is an innovative financing method different from traditional lending,which will inevitably bring new problems with the rapid development.Because the increase of creditors will produce new and difficult to evaluate credit risk points,which makes it difficult for relevant participating institutions to manage their credit services,it is essential to create a scientific and efficient credit risk management system for supply chain finance business.In the era of continuous development of big data,based on the supply chain finance business model,building a credit risk evaluation model for related businesses,assessing its credit risk level,controlling credit risk in a targeted manner and providing better financing services for small and medium-sized enterprises through supply chain finance business are the key steps to address this issue.This thesis constructs the logistic model to evaluate the credit risk and carry out targeted risk management of L company’s supply chain financial business.This thesis takes credit rationing theory,supply chain management theory,information asymmetry theory,principal-agent theory as the theoretical basis,by analyzing the formation factors,characteristics and subjects of supply chain financial credit risk,and clarifies the credit risk of supply chain finance under three different financing modes of accounts receivable financing,prepayment financing and inventory financing.On the basis of summarizing the measurement methods of supply chain financial credit risk,this thesis selects the logistic model as the evaluation method of supply chain financial credit risk,and expounds the applicability of the logistic model;By searching the relevant data of L company,this thesis analyzes the current situation of L company’s supply chain finance and finds the existing problems.The principal component analysis method is used to select six principal components,and the selected principal components are substituted into the logistic model to calculate the L company’s supply chain financial credit risk evaluation model.According to the specific indicators of the evaluation model,the model application analysis is carried out and the data of potential customer S company are selected for the empirical application of the evaluation model,This thesis puts forward the control measures for the credit risk of its supply chain financial business some suggestions based on the current situation of L company’s supply chain financial management.