Comparative Analysis Of Supply Chain Financial Products
The essence of supply chain finance is to help enterprises to live up the flow of assets. For example, the receivables, prepayments and inventory.
1. Receivable Category (Accounts Receivable Financing)
The products receivable are mainly used in the upstream financing of the core enterprises.If the sale has been completed, but the payment has not been paid, the product shall be applied to the financing of the factoring or the receivable pledge.If the purpose of financing is to complete the order production, it is financing for the order, the way of guarantee is the pledge of the account receivable in the future, and the essence is credit financing.
2. Prepaid Class (The Financing Model Of The Confirmed Warehouse)
The prepaid products are mainly used for the downstream financing of the core enterprises.That is, the main enterprise's marketing channel financing, including two main business models:
One, the bank gives financing to the channel merchants.The prepaid purchase is paid to the core enterprise, and the core enterprise is sent to the designated warehousing supervision enterprise designated by the bank. Then warehousing supervision enterprises gradually release the goods to the channel providers according to the bank instructions, that is, the so-called future goods rights financing or the first part of the latter goods financing.
Two, the core business is no longer shipped to the designated logistics supervision enterprises, but rather has assumed the regulatory function, and gradually released the goods to the borrowers according to the bank instructions, which is the so-called confirmed warehouse business mode.
3. Inventory Class (Financing Mode Of Storehouse)
Stock financing is mainly divided into two categories: spot financing and warehouse receipt financing. Spot pledge is also divided into static pledge and dynamic pledge, and warehouse receipt financing includes regular warehouse receipt and standard warehouse receipt.
4. What Kind Of Products Are Most Popular ?
From the business practice of the research bank and the financial service platform, domestic supply chain financial tendencies: prepaid > receivable category > inventory.
The receivable products are the main financing modes of foreign supply chain finance.Because the bank does not have to undertake the risk of the sales of the enterprise, it takes on the smaller market risk. The main mode of the domestic supply chain financial business is the prepaid one.
This is mainly because the downstream financing is the marketing channel financing for the core enterprise, which promotes its sales. More attention is paid to the health synergy of the whole industrial chain than the foreign enterprises.
Because of the overcapacity economic structure in China, the core enterprises' concern and support for sales is much higher than that of procurement. The development of supply chain finance is inseparable from the support of core enterprises, so the prepaid business is easier to carry out.