Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance

Xingang Weng; Xiaohua Lv; Yujiao Wu; Xiaorong Li

doi:doi:10.11648/j.jfa.20160405.11

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Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance

Xingang Weng, Xiaohua Lv, Yujiao Wu, Xiaorong Li

Published in Journal of Finance and Accounting (Volume 4, Issue 5)

Received: 20 July 2016 Accepted: 29 July 2016 Published: 15 August 2016

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Abstract

Small and medium-sized enterprises have made great contribution to the prosperity of market economy and the stability of social order in China, but they often suffer from the financing difficulties. Supply chain finance model is a new angle of view to solve the financing difficulties of small and medium-sized enterprises. Firstly, this paper defines the related theory of supply chain finance. Secondly, it analyzes the three main financing models of supply chain finance: the financing model of prepayment, the financing model of inventory pledge and the accounts receivable financing model. Thirdly, it combines the expert evaluation method and the fuzzy comprehensive evaluation method to establish the comprehensive evaluation model of financing credit risk of small and medium-sized enterprise. Finally, it provides some suggestions in the financial institutions aspect to prompt the financing development of small and medium-sized enterprises. The contents of this study have certain innovative and practical significance, it may benefit to solve the financing problems of small and medium-sized enterprises in China.

Published in	Journal of Finance and Accounting (Volume 4, Issue 5)
DOI	10.11648/j.jfa.20160405.11
Page(s)	245-253
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

Supply Chain Finance, Small and Medium-sized Enterprises, Credit Risk Management, Risk Rating, Fuzzy Comprehensive Evaluation Method

References

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[3]	Xu Juanjuan, Research on the financing mode and its credit risk of small and medium-sized enterprises based on Supply Chain Finance [D]. Wuhan: Wuhan University, 2012.
[4]	Feng Gengzhong, He Juan, Li Yixue, Wang Shouyang. Logistics financial innovation: operation and management [M]. Beijing: Science Press, 2014.
[5]	Zhang Jinqing. Financial risk management [M]. Shanghai: Fudan University Press, 2015.
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[7]	Li Na. Analysis of trade financing business opportunities and risk prevention of commercial banks in the supply chain [J]. Guangdong finance research, 2008 (3): 46-49.
[8]	Qiao Wei. SME credit rating model and its application based on a new credit rating index system [D]. Kaifeng: Henan University, 2008.
[9]	Wang Zhen, Research on financing credit evaluation of small and medium sized enterprises in China [D]. Jinan: Shandong University, 2009.
[10]	Xia Liming, Zong Hengheng, Meng Li. The construction of credit risk evaluation index system of small and medium sized enterprises based on supply chain finance. [J], Finance Forum, 2011, 73-79.
[11]	Wang Ran. Research on the financial risk of the financing platform based on the multi-level fuzzy comprehensive evaluation method [D]. Wuhan: Huazhong Agricultural University, 2013.
[12]	Wang Luoying. Systems engineering [M]. Beijing: Machinery Industry Press, 2014.
[13]	Tian Meiyu, He Wenyu. Credit risk assessment of small and medium sized enterprises based on the model of supply chain finance – the automobile industry as an example [J]. Journal of Industrial Technological & Economics. 2016 (6), 154-160.
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[18]	Bai Shaobu. A fuzzy comprehensive the of the credit level of enterprises with supply chain financing [J]. Economic Survey. 2011 (5), 108-112.

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APA Style

Xingang Weng, Xiaohua Lv, Yujiao Wu, Xiaorong Li. (2016). Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance. Journal of Finance and Accounting, 4(5), 245-253. https://doi.org/10.11648/j.jfa.20160405.11

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ACS Style

Xingang Weng; Xiaohua Lv; Yujiao Wu; Xiaorong Li. Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance. J. Finance Account. 2016, 4(5), 245-253. doi: 10.11648/j.jfa.20160405.11

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AMA Style

Xingang Weng, Xiaohua Lv, Yujiao Wu, Xiaorong Li. Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance. J Finance Account. 2016;4(5):245-253. doi: 10.11648/j.jfa.20160405.11

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@article{10.11648/j.jfa.20160405.11,
  author = {Xingang Weng and Xiaohua Lv and Yujiao Wu and Xiaorong Li},
  title = {Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {5},
  pages = {245-253},
  doi = {10.11648/j.jfa.20160405.11},
  url = {https://doi.org/10.11648/j.jfa.20160405.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160405.11},
  abstract = {Small and medium-sized enterprises have made great contribution to the prosperity of market economy and the stability of social order in China, but they often suffer from the financing difficulties. Supply chain finance model is a new angle of view to solve the financing difficulties of small and medium-sized enterprises. Firstly, this paper defines the related theory of supply chain finance. Secondly, it analyzes the three main financing models of supply chain finance: the financing model of prepayment, the financing model of inventory pledge and the accounts receivable financing model. Thirdly, it combines the expert evaluation method and the fuzzy comprehensive evaluation method to establish the comprehensive evaluation model of financing credit risk of small and medium-sized enterprise. Finally, it provides some suggestions in the financial institutions aspect to prompt the financing development of small and medium-sized enterprises. The contents of this study have certain innovative and practical significance, it may benefit to solve the financing problems of small and medium-sized enterprises in China.},
 year = {2016}
}

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TY  - JOUR
T1  - Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance
AU  - Xingang Weng
AU  - Xiaohua Lv
AU  - Yujiao Wu
AU  - Xiaorong Li
Y1  - 2016/08/15
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DO  - 10.11648/j.jfa.20160405.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 245
EP  - 253
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20160405.11
AB  - Small and medium-sized enterprises have made great contribution to the prosperity of market economy and the stability of social order in China, but they often suffer from the financing difficulties. Supply chain finance model is a new angle of view to solve the financing difficulties of small and medium-sized enterprises. Firstly, this paper defines the related theory of supply chain finance. Secondly, it analyzes the three main financing models of supply chain finance: the financing model of prepayment, the financing model of inventory pledge and the accounts receivable financing model. Thirdly, it combines the expert evaluation method and the fuzzy comprehensive evaluation method to establish the comprehensive evaluation model of financing credit risk of small and medium-sized enterprise. Finally, it provides some suggestions in the financial institutions aspect to prompt the financing development of small and medium-sized enterprises. The contents of this study have certain innovative and practical significance, it may benefit to solve the financing problems of small and medium-sized enterprises in China.
VL  - 4
IS  - 5
ER  -

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Author Information

Xingang Weng

Logistics Institute, Beijing Wuzi University, Beijing, China
Xiaohua Lv

Logistics Institute, Beijing Wuzi University, Beijing, China
Yujiao Wu

Department of Graduate, Beijing Wuzi University, Beijing, China
Xiaorong Li

Department of Graduate, Beijing Wuzi University, Beijing, China

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Plain Text BibTeX RIS

APA Style

Xingang Weng, Xiaohua Lv, Yujiao Wu, Xiaorong Li. (2016). Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance. Journal of Finance and Accounting, 4(5), 245-253. https://doi.org/10.11648/j.jfa.20160405.11

Copy | Download

ACS Style

Xingang Weng; Xiaohua Lv; Yujiao Wu; Xiaorong Li. Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance. J. Finance Account. 2016, 4(5), 245-253. doi: 10.11648/j.jfa.20160405.11

Copy | Download

AMA Style

Xingang Weng, Xiaohua Lv, Yujiao Wu, Xiaorong Li. Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance. J Finance Account. 2016;4(5):245-253. doi: 10.11648/j.jfa.20160405.11

Copy | Download

@article{10.11648/j.jfa.20160405.11,
  author = {Xingang Weng and Xiaohua Lv and Yujiao Wu and Xiaorong Li},
  title = {Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {5},
  pages = {245-253},
  doi = {10.11648/j.jfa.20160405.11},
  url = {https://doi.org/10.11648/j.jfa.20160405.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160405.11},
  abstract = {Small and medium-sized enterprises have made great contribution to the prosperity of market economy and the stability of social order in China, but they often suffer from the financing difficulties. Supply chain finance model is a new angle of view to solve the financing difficulties of small and medium-sized enterprises. Firstly, this paper defines the related theory of supply chain finance. Secondly, it analyzes the three main financing models of supply chain finance: the financing model of prepayment, the financing model of inventory pledge and the accounts receivable financing model. Thirdly, it combines the expert evaluation method and the fuzzy comprehensive evaluation method to establish the comprehensive evaluation model of financing credit risk of small and medium-sized enterprise. Finally, it provides some suggestions in the financial institutions aspect to prompt the financing development of small and medium-sized enterprises. The contents of this study have certain innovative and practical significance, it may benefit to solve the financing problems of small and medium-sized enterprises in China.},
 year = {2016}
}

Copy | Download

TY  - JOUR
T1  - Research on the Credit Risk Management of Small and Medium-Sized Enterprises Based on Supply Chain Finance
AU  - Xingang Weng
AU  - Xiaohua Lv
AU  - Yujiao Wu
AU  - Xiaorong Li
Y1  - 2016/08/15
PY  - 2016
N1  - https://doi.org/10.11648/j.jfa.20160405.11
DO  - 10.11648/j.jfa.20160405.11
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 245
EP  - 253
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20160405.11
AB  - Small and medium-sized enterprises have made great contribution to the prosperity of market economy and the stability of social order in China, but they often suffer from the financing difficulties. Supply chain finance model is a new angle of view to solve the financing difficulties of small and medium-sized enterprises. Firstly, this paper defines the related theory of supply chain finance. Secondly, it analyzes the three main financing models of supply chain finance: the financing model of prepayment, the financing model of inventory pledge and the accounts receivable financing model. Thirdly, it combines the expert evaluation method and the fuzzy comprehensive evaluation method to establish the comprehensive evaluation model of financing credit risk of small and medium-sized enterprise. Finally, it provides some suggestions in the financial institutions aspect to prompt the financing development of small and medium-sized enterprises. The contents of this study have certain innovative and practical significance, it may benefit to solve the financing problems of small and medium-sized enterprises in China.
VL  - 4
IS  - 5
ER  -

Copy | Download