信用多级流转的供应链金融模式与国内实践研究  

Research on Supply Chain Financial Model with Multi-level Credit Transfer and Its Practice in China

作　　者：姜浩 

机构地区：[1]特华博士后科研工作站

出　　处：《西南金融》2019年第9期33-39,共7页Southwest Finance

摘　　要：供应链金融模式整合了物流、信息流、资金流,在一定程度上解决了供应链上小微企业缺抵押、缺担保、缺信用以及银企之间“信息不对称”的问题,但在传统的单级供应链金融模式下,只有核心企业上游的一级供应商能够利用核心企业较高的信用进行融资,核心企业信用无法向上穿透至二级至N级供应商,而供应链上距离核心企业越远的供应商往往资质越差,缺抵押、缺担保、缺信用的状况更为突出,更需要通过供应链进行融资。区块链等新技术的应用,为构建信用多级流转的供应链金融模式提供了技术支撑,解决了二级至N级供应商的融资问题。近年来,部分核心企业、金融机构等供应链金融参与方开始利用新技术推出信用多级流转的的供应链金融服务平台,供应链融资的覆盖范围得到有效扩大。但信用多级流转的供应链金融模式的进一步发展还面临部分障碍,需要政府部门、监管机构的有效支持以及核心企业、金融机构的共同努力。The supply chain financial model integrates logistics, information flow and capital flow, and solves the problem of lack of mortgage, lack of guarantee, lack of credit and the "information asymmetry" between banks and enterprises in the supply chain to a certain extent. However, under the traditional single-level supply chain financial model, only the first-tier suppliers in the upstream of the core enterprises can use the higher credits of the core enter. prises to finance, and the core enterprise credits cannot penetrate up to the secondary to N-level suppliers. Suppli. ers that are farther away from the core enterprise in the chain tend to have lower qualifications. And the lack of mort. gage, lack of guarantee, and lack of credit faced by them are more prominent, so it is more necessary for they to inte. grate through the supply chain.The application of new technologies such as blockchain provides technical support for building a multi-level credit supply chain financial model and solves the financing problems of secondary to Nlevel suppliers. In recent years, some core enterprises, financial institutions and other supply chain financial partici. pants have begun to use new technologies to launch a multi-level credit supply chain financial service platform, and the coverage of supply chain financing has been effectively expanded. However, the further development of the multi-level credit supply chain financial model faces some obstacles. It requires the effective support of government departments and regulatory agencies, as well as the joint efforts of core enterprises and financial institutions.

关 键 词：供应链金融 多级供应链 信用多级流转 供应链融资 供应链生态 小微企业融资 应收账款融资 产业链 区块链 大数据 智能合约 金融科技 金融支持实体经济 

分 类 号：F830[经济管理—金融学] F830.5