论文部分内容阅读
本文设计了中小企业内抵押贷款模式。模式中,中小企业将项目资产本身作为抵押物,向银行申请贷款,银行代理中小企业购置项目资产,同时中小企业为项目购买担保以分担风险,担保公司为银行保障抵押物的追偿价值。信息不对称时,银行与担保公司可以联合搭售利率与保价的组合,设计分离合同,规避道德风险,最终达到银行、担保公司、中小企业三者收益的共赢。
This article designed the SME mortgage loan model. Mode, SMEs use the project assets themselves as collateral to apply for loans to banks, banks purchase SMEs assets for the project, while SMEs purchase guarantees for the project to share risks and guarantee the recovery value of the pledges for bank guarantees. When the information is asymmetric, the bank and the guarantee company can jointly tying the combination of the interest rate and the insured deposit to design the separation contract and avoid the moral hazard, finally achieving the win-win result of the profits of the bank, guarantee company and SME.