基于供应链金融的工业设备制造业应收账款融资分析

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1、-AbstractIndustrialEquipmentManufacturersarethecompanieswhichproduce mechanicalorelectricalequipments,instrumentsandintegrateddevicesforlightand heavyindustries.Equipmentsmadebythesecompaniesnomatterthegeneralor specifiedonesbotharecorepartsoftheindustryproductionandlargeequipment manufactu

2、re.Inthatcase,creationinequipmentmanufacturingindustryisabigdeal ofimprovementandreforminindustryandlargeequipmentmanufacture,andshould bepaymoreattentiontothat.While,differentwithtraditionalproductionindustry, leadtimeofequipmentordeviceisquitealongperiod.Forexample,ittakesatleast2 to3year

3、stobuildthedevicepartofamiddlesizeproject.Andthatmeansalongand acontinuouscapitalinputtheequipmentmanufacturers.Equipmentcompanyhas powertoimprovetechnicalonlyiftheycankeeptheircontinuousoperationandhas capitalinputaccordingtothemarketandeconomy.Inoneword,liquidityorcashis muchanimportantel

4、ementforequipmentmanufacturerindustry.Nowadays,cashofindustrialequipmentmanufacturersareinabadsituation. Moreandmoreaccountsreceivableareaccumulatedbecauseoftheunequalstatus betweenthesellersandbuyersduringthelongprojectandproductionterm.Thehuge amountofaccountsreceivableisabarriertoformint

5、ernalfinancingofacompany sincetheseaccountsreceivablecouldnotbechangedtousablecash,whichdefinitely hindersthecompanies’sustainableoperation,technicalimprovementandcreation. Meanwhile,itishardforequipmentmanufacturerstogetloanfromcommercialbank intraditionalexternalfinancingpolicy.So,howtode

6、alwiththehugeamountof accountsreceivableinalowcostandhowtotransferthemtocashintimeisakey problemontheequipmentmanufacturers’financingway.NewfinancingtoolscreatedbyfinanceinstitutionespeciallyAccounts ReceivableFinancingbasedonSupplyChainFinancing(SCF)paysmuchattentionto therealcommercialint

7、ercourseofthesupplychain,anditallowsthesellerstoapply cashinputaheadoftheiraccountsreceivableexpires.Accountsreceivablefinancing basedonSCFtakesthecollectionrightofaccountsreceivableasguaranteewithout othercollateral,whichismoreapplicablefortheequipmentm