城投公司反向保理供应链ABS产品探究

On the ABS Research on the Reverse Factoring Supply Chain Finance of Urban Investment Company

随着针对地方政府债务问题监管趋严,未来城投公司通过供应链反向保理发行ABS产品成为重要的融资方式。在国家支持中小企业的大背景下,目前通过城投公司发行供应链ABS,满足上游企业的融资需求,帮助城投公司减轻资金压力,拉长账期,本身不增加城投企业负债率,成为城投企业重要的融资方式,未来随着这类业务的不断发展,线上化、科技化、智能化将成为这类业务的发展方向,而城投公司自身成立保理公司或者供应链管理公司,深度参与这类业务也是未来融资业务发展方向。

With the stricter supervision of government debt, urban investment company will become an im-portant financing method through supply chain reverse factoring business in the future. Under the background of national support SMEs, city investment enterprises issuing supply chain ABS, meets the financing needs of upstream enterprises, helps city investment reduce capital pressure, ex-tended account, and it does not increase the debt ratio, become an important financing method for urban investment enterprises. In the future, with the continuous development of such businesses, online, technological and intelligent will become the development direction of such business. The Urban Investment Company itself establishes a factoring company or a supply chain management company, and its deep participation in such business is also the development direction of the future financing business.