票据融资如何弛援企业流动性?

How Bill Financing Can Boost Corporate Liquidity

票据融资成本较低、可得性强,民营和中小微企业通过票据进行融资具有成本更低、手续便利、可得性强的好处。近期票据融资大幅回升,同时票据贴现利率也持续下行。本文分析了票据融资的操作方式、特点,以及票据融资规模高增对企业融资以及信用环境的影响。

Bill financing has some attractive features–most importantly its low cost,ample supply and convenience for users.It is particularly suited to meeting the financing needs of private enterprises and SMEs.Bill financing activity has rebounded sharply of late,and the bill discount rate has continued to decline.This paper analyzes the characteristics of bill financing and the impact on corporate funding methods as well as the overall credit environment.