小额贷款公司的融资“瓶颈”及其资产收益权评估

The Micro-Credit Company’s Financing “Bottleneck” and the Right of Return on Assets Evaluation

虽然小额贷款公司资产收益权产品为小额贷款公司的融资提供了一个新的途径,但小额贷款公司资产收益权产品诞生时间不长,自身还存在相应法律法规不健全、风险评估和定价体系不完善、发行交易机制不成熟等问题。应制定相关法律法规,为小贷收益权产品松绑;完善小贷收益权产品风险评估和定价体系;推出更多的小贷收益权产品,提高发行与交易规模;完善担保机制,加强投资者保护基金的建设;尝试改进交易结构,推进小贷收益权产品的破产隔离。

The asset income products provides a new way of financing for the micro-credit company, but the asset income products of micro-credit company development is short, its own problems for corresponding laws and regulations are not perfect, risk assessment and pricing system is not perfect, and the transaction mechanism is not mature. It is needed to formulate relevant laws and regulations for the asset income products restrictions, and to improve small loan asset income products risk assessment and pricing system, introduce more small loan income right products, to improve the issuance and trading of scale; to improve guarantee mechanism, to strengthen the construction of investor protection fund, to improve the trade structure, and to promote small loan proceeds to bankrupt isolation products.