Accounts Receivable Financing: The Most Effective Financing Model for Small and Medium Movie Production Firms in China

Chinese Journal of Journalism & Communication ›› 2014, Vol. 36 ›› Issue (1) : 112-122.

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Abstract

Accounts receivable ?nancing is the most effective ?nancing pattern for small and medium movie production ?rms in China. In recent years, they ?nd it dif?cult to get financed. Present financing model can hardly solve this problem. Accounts receivable financing, however, is the most effective financing model for small and medium movie production firms, because it can deal with the problems that traditional bank credit cannot solve, such as value assessment, guarantee, credit rating and low returns. At the meantime, it can reduce operational and default risks.

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accounts receivable / ?nancing / small and medium movie production / ?rms / credit rating

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ZHANG Huifeng, CAO Pu. Accounts Receivable Financing: The Most Effective Financing Model for Small and Medium Movie Production Firms in China[J]. Chinese Journal of Journalism & Communication. 2014, 36(1): 112-122

Funding

This paper is subsidized by " the Study of Financing Environment and System Innovation of Beijing Film and TV Industry", and Planning Projects of philosophy

and Social Sciences of Beijing (Project Number: 13WYB034).