This paper focus on loan limit indicator of seasonal inventory financing in supply chain financial innovation based on the logistics features of unified credit mode. According to the “corporate and debt” method in trade credit, this paper analyzes the cash flow properties of borrowing firm and the profit level of logistics enterprise, then it assumes downside-risk-averse logistics enterprise instead of risk-neutral logistics enterprise and takes the method of VaR to figure out the maximum loan-to-value ratio of inventory which is in accord with the risk tolerance level of logistics enterprise in seasonal inventory impawn financing.
Swipe to navigate through the chapters of this book
Please log in to get access to this content
To get access to this content you need the following product:
- The Research on the Loan-to-Value of Inventory Pledge Loan Based Upon the Unified Credit Mode
- Springer Berlin Heidelberg
- Sequence number
Neuer Inhalt/© ITandMEDIA