Research On Accounts Receivable Financing Of Logistics Enterprises From The Perspective Of Supply Chain Finance

With the rapid development of the economy and the continuous progress of technology,the demand for materials in society is increasing,which has driven the rapid development of the logistics industry.However,small and medium-sized logistics enterprises are facing financing difficulties due to their low credit qualifications,relatively small business scale,and weak mortgage guarantee capabilities.Therefore,small and medium-sized logistics enterprises urgently need to explore new financing channels to alleviate their development pressure.The emergence and development of a new financing model-supply chain finance model-has brought new directions to alleviate the financing problems of small and medium-sized logistics enterprises in China.In recent years,the country has issued multiple policies to encourage,assist,and support supply chain finance.Supply chain financial services have become one of the important channels for financing small and medium-sized enterprises in China.Small and medium-sized logistics enterprises generate a large amount of accounts receivable when providing logistics services to core enterprises.With the help of core enterprise credit,small and medium-sized logistics enterprises use accounts receivable vouchers as collateral to apply for loans from banks,obtain the necessary funds for development,reduce bank loan risks,and extend the repayment cycle of core enterprises,to some extent alleviate the financial pressure of core enterprises,thus achieving a win-win situation for multiple parties.Based on the above situation,this article first analyzes the concept of supply chain finance,the current research status at home and abroad,and analyzes the financing models of supply chain finance;Secondly,analyze the traditional financing models of small and medium-sized logistics enterprises and construct a game model to explain the advantages of accounts receivable pledge financing compared to traditional financing models;Once again,to analyze the game relationship between small and medium-sized logistics enterprises in the context of supply chain finance when they engage in accounts receivable pledge financing,a game model is constructed to analyze the rationality of the model and the process of game equilibrium;Finally,based on the above research and analysis,an introduction is made to the existing financing models of F Logistics Enterprise,analyzing its current accounts receivable management status,analyzing the feasibility of accounts receivable financing,and proposing corresponding strategies for banks and small and medium-sized logistics enterprises in supply chain finance based on the above analysis.Research has shown that when small and medium-sized logistics enterprises face sufficient punishment when choosing the "default" strategy,and when the credit benefits brought by the supply chain system when choosing the "compliance" strategy for small and medium-sized logistics enterprises are large enough,a game equilibrium state can be reached,and small and medium-sized logistics enterprises can improve their own credit level and competitiveness through cooperation with core enterprises.