Title :
New Function of Financing Warehouse in Chattel Mortgage Financing under Property Law
Author_Institution :
Coll. of Econ., Zhejiang Gongshang Univ., Hangzhou, China
Abstract :
The promulgation of the PRC Property Law provided enterprises with a new financing channel of chattel mortgage. Compared with chattel pledge financing, which previously was the only choice under the Guarantee Law, chattel mortgage financing enjoys many advantages, and at the same time, brings with the difficulty of monitoring. By using a financing warehouse run by a third party logistics firm, combined with a reasonably designed system, the monitoring difficulty can be resolved and thus the chattel mortgage can be more applicable.
Keywords :
financial management; logistics; organisational aspects; outsourcing; chattel mortgage financing; financing warehouse; guarantee law; promulgation; property law; small-and-medium-sized enterprises; third party logistics; Contracts; Educational institutions; Loans and mortgages; Logistics; Manufacturing; Monitoring; Partial response channels; Raw materials; Transportation; Warehousing;
Conference_Titel :
Information Science and Engineering (ICISE), 2009 1st International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4909-5
DOI :
10.1109/ICISE.2009.780