Analysis on Financing Difficulty of Chinese SMEs and Countermeasures Concerned: From the Perspective of Supply Chain Finance
- DOI
- 10.2991/icem-17.2018.76How to use a DOI?
- Keywords
- SMEs; Supply chain finance; Countermeasures
- Abstract
Small and medium-sized enterprises (SMEs), an essential part in China's economic society, are faced with great financing difficulty in development. By analyzing financing source of SMEs in this paper, it is believed that the reason for their financing difficulty is ascribed to the weakness in profits accumulation and shortage of external financing channel. On that basis, this paper puts forward a new financing channel-supply chain finance, and then lists three supply chain finance modes-confirming storage financing, accounts receivable financing and FTW(finance-transportation and warehouse) financing based on characteristics of supply chain finance, so as to offer some guidance and reference for solving financing problem of Chinese SMEs.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Luhao Liu PY - 2018/01 DA - 2018/01 TI - Analysis on Financing Difficulty of Chinese SMEs and Countermeasures Concerned: From the Perspective of Supply Chain Finance BT - Proceedings of the 2017 7th International Conference on Education and Management (ICEM 2017) PB - Atlantis Press SP - 380 EP - 385 SN - 2352-5428 UR - https://doi.org/10.2991/icem-17.2018.76 DO - 10.2991/icem-17.2018.76 ID - Liu2018/01 ER -