To maximize profits, enterprises invest working capital in various long-term financing objects. Therefore, in the implementation of active economic and economic activities, organizations may not have enough free cash resources to further support current activities, since money at this time is involved in the project. In this case, it is necessary to organize an effective search for additional sources of working capital.
It is necessary
- - long-term lease agreement;
- - bank lending agreement.
Instructions
Step 1
Calculate the amount of money that is needed for the further successful implementation of your business. In this case, it is necessary to remember about the creation of a working capital reserve fund, for the implementation of instant cash transactions, which are often faced by managers in the course of financial and economic activities.
Step 2
Determine the terms for which you can return the borrowed working capital if you decide to replenish working capital through bank or trade loans. Depending on the maturity, as well as lending parameters, loans for business entities are divided into: overdrafts, short-term commercial loans, express loans and trade finance. Overdrafts represent borrowed funds in the amount of 2-3 average monthly balances on your current account. There are several types: unsecured overdraft (no collateral), overdraft line (with a revolving limit) and short-term loan against incoming transfers. The interest rate on this credit line on average ranges from 30 to 36% per annum. The interest rate on short-term loans against incoming transfers is 10-15% per annum. Trade finance is a prepayment by a bank for delivered goods, works or services for the provision of documents from a supplier. Trade finance is subdivided into financing: import letters of credit, export letters of credit and back-to-back letters of credit.
Step 3
Attract additional working capital by providing long-term leasing services. The objects of leasing in this case can be: machinery, equipment, machinery, buildings and structures. For the use of the leased object, you, as the lessor, will receive a fixed payment in the amount specified in the long-term lease agreement.
Step 4
Consider additional sources of replenishment of working capital, such as: profit from the additional issue of shares, attracting additional shares, as well as the return of receivables.
