In 2020, the sudden new crown pneumonia epidemic has a double blow to the supply chain and demand. How to unblock the "blood" of the real economy and solve the problem of difficult and expensive financing for enterprises? Linyi City has innovated and activated the “living water” of supply chain finance, and has become an “enabler” for small and medium-sized enterprises. The annual supply chain finance assisted enterprises in commercial bill financing exceeded 2.1 billion yuan, and the development of supply chain finance has jumped to a new level.
It is understood that financing difficulties for small and medium-sized enterprises have always been a problem in economic development. Supply chain finance itself is "inclusive". By integrating the capital flow, information flow, logistics and other information in the supply chain, the credit of core enterprises is revitalized. Or investors can turn the uncontrollable risk of a single enterprise into the overall controllable risk of the supply chain enterprise, which will help alleviate the problems of high financing costs and narrow financing channels for SMEs.
The standardized development of supply chain finance cannot do without institutional support. The city actively optimizes the development mechanism, has issued "Guiding Opinions on Promoting the Development of Linyi Supply Chain Finance and Serving the Real Economy" and other documents, and promoted the establishment of the first domestic bill arbitration center to create a good system for the development of supply chain finance.
In the supply chain, upstream and downstream companies need to make regular payments, which puts pressure on corporate liquidity. The bill business has the characteristics of strong liquidity and high security. Using bill financing as a breakthrough in the innovation of industrial chain financial services can open up the upstream and downstream financing links of the industrial chain, realize information sharing and financing, and help improve financing efficiency and financial services. ability. Our city has promoted the establishment of a modern bill trading platform——Deep Bills Net. In 2020, it will realize a bill transaction volume of 805.7 billion yuan, serve more than 60,000 small, medium and micro enterprises across the country, and help companies save 8 billion yuan in total; it is expected to match transactions in 2021 It will reach 2 trillion yuan, the commercial ticket supply chain will reach 300 billion yuan, and the scale of service companies will exceed 100,000.
In terms of preventing financial risks in the supply chain, Linyi has also formed a complete risk control system. Implement a whitelist system for key enterprises entering the supply chain finance, and monitor and dynamically manage them on a monthly basis. Through the risk control software system and on-site inspection, the information system collection, monitoring and analysis, and comprehensive determination of the company's assets and liabilities, cash flow, total number of tickets and other information systems can achieve early identification, early detection, early warning and early resolution of risks. Correct the signs of problems in time. If there are major hidden dangers, the whitelist qualification will be cancelled, and the qualifications of 5 enterprises will be cancelled in 2020. In 2020, the city’s 75 whitelisted companies will have issued a total of 11.08 billion yuan of commercial papers, an increase of 22% over the same period of the previous year, helping small and medium-sized enterprises to raise 2.1 billion yuan, an increase of 15% over the same period of the previous year, and the level of financing interest rates will drop by 3%. .
Under the premise of good risk prevention and control, Linyi supply chain finance actively innovates and creates excellence. Combining the characteristics of fewer large-scale backbone enterprises and more high-quality small and medium-sized enterprises in the Linyi area, it has launched an innovative model of "commercial ticket insurance", which is Small and medium-sized enterprises are the main body of acceptance, and government guarantee agencies provide guarantees and credit enhancements for them, which are discounted by commercial banks to solve the problems of weak comprehensive reputation and high financing costs for small and medium-sized enterprises. The business process implements a combination of online and offline operations, which improves handling efficiency. Since the "Commercial Bill Insurance" pilot program, the city's SME guarantee company has handled guarantee services for more than 10 SMEs, and the Linshang Bank has accumulated a total of 65 million yuan in cash. In the next step, Linyi City will further expand the scope of pilot guarantee agencies and discount banks for the "commercial bill insurance" business, adding 7 pilot companies, involving an amount of 200 million yuan.
