Risk Assessment of Logistics Financing Warehouse and Insurance Rates of Inventory Pledge Determination

• Main Authors: Ruei-Ming You, 尤瑞銘
• Other Authors: Chie-Bein Chen
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/20228431573133038920

碩士 === 國立東華大學 === 國際企業學系 === 99 === Taiwan enterprises are operating mainly in the forms of medium and small enterprises. In recent years, Taiwan has experienced in rising raw material prices, the financial tsunami and other factors, thereby affecting the overall economy in Taiwan and the medium and small enterprises (SMEs) are also affected by the liquidity crunch. In addition, SMEs have not too many in fixed assets, low credit and the banks will not easily lend money to SMEs, resulting in the lack of financial liquidity leading the SMEs’ businesses operating difficulties. However, the rise of financing warehouse, bring in new opportunities for SMEs. Even though they have not too many fixed assets, but there are a plenty of inventory. Therefore, SMEs use their stocks to do pledge from banks for short-term loans. The third party logistics warehouses provide stocks and assess the risk of collateral to the banks; the banks according to assessed report by the third-party logistics companies providing the loans to SMEs. Collateral will have a lot of risks such as fluctuations in market prices, a pledge of safety, value reducing or quality of pledge. Thus, banks do not release the loans easily to the SMEs, since the risk rising from the pledge. Therefore, the insurance companies jointing is needed, they sign insurance contracts with SMEs. And insurance companies are based on the risk assessment by the third party logistics companies or their self-assessment, to issues the pledge to the SMEs and to collect the appropriate premium. Since insurance companies guarantee the financial institutions or banks, they are willing to take the risk of pledge and willing to lend to SMEs. The main purpose of this study is to evaluate the medium and small business inventory collateral size of liquidity risk in the market and then determine the premium rate of pledge providing practical reference for the financial institutions and insurance companies.