摘要
作为一种新型融资模式,供应链融资不仅分散了金融机构的信贷风险,同时使更多的中小企业能够迈过贷款门槛,纳入金融机构的服务范围。本文运用层次分析法在供应链融资视角下对中小企业信用风险进行综合评价,得出结论认为供应链融资使中小企业能够借助供应链上核心企业的资信水平、真实贸易行为产生的现金流以及第三方物流企业的监管,从金融机构获得资金支持。本文旨在通过对供应链融资模式的分析与研究,从信用风险评价角度揭示供应链融资的融资优势,从而为缓解我国中小企业融资困境提供新的思路。
As a new financing mode, Supply Chain Financing Mode (SCFM) not only diversifies the credit risk of financial institutions, but also brings more SMEs into the service scope of financial institutions. By using the Analytical Hierarchy Process (AHP) method, the credit risk of SMEs under SCFM has been evaluated synthetically. The research concludes that the SMEs can obtain support from financial institutions in virtue of the core enterprises' credit level, the cash flow of real trade and the supervision of the third party logistic firms. This article has systematically analyzed and researched the SCFM and finally proved the superiority of the SCFM when evaluating the credit risk of SMEs. In this process some insights may be provided for solving the financing problems of the SMEs in China.
基金
"2009年北京市教育委员会共建项目:研发总部
创投中心与北京市科技竞争战略研究"的阶段性成果