A large collection of financing strategies, types of financing strategies

The three types of financing strategies are:Bill discount financing refers to the transfer of commercial paper by the noteholder to the bank to obtain funds after deducting the discount interest. In China, commercial paper mainly refers to bank acceptance bills and commercial acceptance bills.

One of the advantages of this type of financing is that banks do not lend according to the size of the company's assets, but rather according to market conditions (sales contracts).

Financial leasing has become the second largest financing method for equipment investment in economically developed countries after bank credit. Financial leasing is a new type of financing method that integrates credit, leasing and is characterized by the separation of ownership and use rights of leased objects.

Pawn is a financing method that uses physical goods as collateral to obtain temporary loans in the form of transfer of ownership of physical objects. Compared with bank loans, pawn loans are more expensive and smaller in size, but pawns also have advantages that bank loans cannot match.

There are three types of financing strategies:

1.Aggressive financing strategies. With this strategy, all the company's long-term assets and part of the long-term liquid assets are financed by long-term funds; The other part of the long-term liquid assets and all the temporary current assets are financed by short-term financing.

2.Moderate financing strategy. It refers to the use of short-term financing to raise funds for liquid assets; Long-term assets, including long-term current assets and fixed assets, are financed by long-term financing, so that the life cycle of assets and the maturity date of liabilities are matched with each other.

3.Conservative financing strategy. With this strategy, the company not only uses long-term funds to finance long-term liquid assets and fixed assets, but also uses long-term funds to meet the funding needs of some or all temporary liquid assets due to seasonal or cyclical fluctuations.

First, for enterprises with strong bargaining power with banks, it is recommended to give priority to bank loans. For those large-scale and well-qualified enterprises, banks have a desire to maintain customer relationships, especially after the demand for physical financing falls in the second half of the year, banks may face a "shortage of assets and liabilities".

Considering that it is unlikely that the benchmark interest rate on deposits and loans will be raised next year, these high-quality enterprises still have hope of obtaining loans at the benchmark interest rate during negotiations with banks, which is lower than the current interest rate for credit bond issuance. At present, the cost of borrowing for 3 out of 10 enterprises is at or below the benchmark interest rate.

Second, for enterprises that do not have such strong bargaining power but are qualified to issue bonds, it is recommended to use bonds and bank loans to raise funds at the same time. The center of bank lending rates will also move up next year, and for these companies, the cost of financing through bonds will be lower than bank loans.

In terms of timing selection, for enterprises with good qualifications, the financing cost in the second half of the year may be slightly lower. However, for issuers of low-grade credit bonds, it is recommended to raise funds as soon as possible, considering that the trend of weakening allocation power remains unchanged.

Third, it is recommended that enterprises that have difficulty in financing through bank loans and bonds and need to rely on trust financing should be financed as soon as possible. At present, the demand for trust financing has been increasing, and this trend will not change next year, coupled with the increasing difficulty of urban investment through loans and bonds after the end of the debt swap, there will be new incremental trust financing demand. However, the supervision of trusts is constantly strengthened, and the scale of trusts has greater pressure to shrink.

1. The necessary theory for enterprises to consider the problem of capital bottlenecks.

1. Capital pricing model.

2. The impact of corporate credit rating on financing.

2. How to design an effective financing strategy.

1. How to use credit funds.

2. How to use the bond market.

3. Affiliated trust companies.

4. Make good use of commercial credit.

5. PE and VC

6. Let the possibility of the issuance of the reverse situation and solve the large amount of funds required for the development of enterprises in the capital market.

3. How to design financing strategies for small and medium-sized enterprises.

1. Why are small and medium-sized enterprises difficult to finance?

2. How to develop an effective financing strategy.

Fourth, the feast of the capital's wealthy - IPO

1. Comparison and selection of major capital markets.

2. The mode and choice of domestic listing.

3. Mode and choice of overseas listing.

4. Mergers and acquisitions.