Un imalimboleko ehlanganisiwe Kuyimodeli yentuthuko enikezwa iqembu lababolekisi noma izinhlangano zamabhange, indlela nokubaluleka, ungakuthola kulesi sihloko.
Inqubo yokuhlela ingaba ngokuzithandela noma ukuzibophezela.
Iyini ikhredithi ehlanganisiwe?
El imalimboleko ehlanganisiwe yindlela izinkampani ezithola ngayo imalimboleko yangaphandle ngezikweletu; Umehluko phakathi kwezimali mboleko zomuntu siqu kanye nekhredithi ehlanganisiwe ukhona. Umehluko phakathi kwazo ubukhulu bemali mboleko, lapho kufanele ihlukaniswe phakathi kwezinhlangano zamabhange ezimbalwa.
Ngokuvamile, lapho amabhizinisi amabhange anemikhawulo ngokuphathelene nalokho angakwazi ukukuboleka inhlangano ngesikhathi esithile, ngenxa yokuhlukahluka okungenakugwenywa kwezingcuphe zabo zokuzivocavoca. Uma kuphakama icala lapho inkampani icela inani elingaphezu kwalokho ibhange elingakunikeza, kulapho-ke imalimboleko ehlanganisiwe ingasungulwa.
Lezi zinhlangano zezimali zinenjongo yokuthola izinzuzo esikhathini esifushane nesimaphakathi futhi ngaleyo ndlela zinikeze izixazululo ezinkingeni zezimali zezinhlangano ezinentshisekelo nezinye izindlela zekhredithi.
Mfundi othandekayo, sikumema ngokufudumele ukuthi ufunde isihloko sethu esithi Amakhredithi ebhange. futhi ujule ezimeni zamabhange.
Izinhlobo
Kunezinhlobonhlobo eziningi zemali mboleko ehlanganisiwe enemininingwane ngezansi: imali mboleko yendabuko, iyimalimboleko evamile lapho izinhlangano zamabhange eziningi zilamula; i-bilateral syndicated loan, iwuhlobo lapho kunesikhungo sezezimali esisodwa kuphela.
Isivumelwano sekilabhu, le ndlela yokwenziwa ikhiqizwa ngesiteji esisodwa, igcwalisa zonke izindlela zokubolekwa kwemali yendabuko. Imali mboleko ehleliwe, yilezo zentuthuko eziphathwa njalo ukuze kwehliswe izinga lenzalo noma izindleko ezikhokhwa umkweleti futhi zibe nohlamvu lwesikhathi eside.
Bese, ezinye izindlela zezimali zivame ukuhlanganiswa (ukuthengiswa kwenketho yekholi noma inketho yokubeka) ukuze kuthi lapho ujoyina leyo phrimiyamu kwehliswe. Inani lemali mboleko, lihlala liyeka izici ezithile ezingena ngaphakathi kobubanzi bokukhokha ngaphambi kwesikhathi ngumboleki, inkampani yemikhawulo encane noma ephezulu, phakathi kokunye.
mboleko yebhuloho, Lezi zinhlobo zentuthuko zisingathwa okwesikhashana yimibandela yamakhasimende ayicelayo, ezimweni eziningi okwesikhathi esifushane, njengesidingo semali mboleko ukuze kuzuze enye inkampani lapho imali ebekiwe idingeka khona.
Esivumelwaneni okuvunyelwene ngaso, ngokuvamile basungula indlela yokukhokha ngombolekisi, okujwayelekile ukuphatha izindaba zebhondi, imali mboleko evamile ehlanganisiwe, ukuthengiswa kwempahla, phakathi kokunye.
Kufanele kuqashelwe ukuthi izinhlangano zezezimali ezihlukene zinezivumelwano zamazwe ngamazwe lapho zinezimali ezitshaliwe ezinganelisa izingxoxo zazo emhlabeni wonke.
Mfundi othandekayo, sikumema ukuba ulandele lesi sihloko imali engenayo engashintshi kanye nezabelomali futhi ukwazi ukujula endabeni yezezimali.
indlela yokusebenza
Ngesikhathi lapho inkampani idinga imali ebolekiwe ukuze ikwazi ukuxhasa uhlelo noma uhlelo lokutshalwa kwezimali, isungula ukuxhumana namabhange ahlukene ukuze aphakamise iphrojekthi futhi abheke izindlela lezi zinkampani ezingabambisana ngazo. Kuvamile ukuthi izikhungo zezezimali zibe nesilinganiso esilinganiselwe esinganikezwa kunoma iyiphi inkampani ngesikhathi esithile.
Lokhu kusho ukuthi inkampani yenza isicelo ngaphezu kwalokho ibhange elingakuvumela, kulapho-ke imalimboleko ehlanganisiwe ingasungulwa khona. Ibhizinisi elisetshenzisiwe, lizonikeza inkampani amandla okuthengisa inani phakathi kwezinhlangano zezezimali ezimbalwa njengababolekisi ukuze kuzuzwe inani eliphelele lenkampani elidingayo.
Isibonelo, esimweni sokucela ama-Euro ayizigidi ezingu-50, inkampane esetshenzisiwe ingakhuthaza izinhlangano zezezimali eziyisishiyagalolunye ukuthi zingenele futhi zibambe iqhaza emalimboleko; ibhange ngalinye lizohlinzeka ngama-Euro ayizigidi ezi-5, futhi ngemifelandawonye eyi-10 ebolekisayo, le nkampani ingathola ama-Euro angu-50.000.000 ewacelile.
Ezweni lezezimali, lesi sinyathelo sokuthengisa sisemfashinini lapho singabonakaliswa ngokuzithandela noma ngokuzibophezela. Ibhizinisi eliqashiwe lingenza kanjalo ngokuzithandela, ukuze lifinyelele lokho iklayenti elikuvumelayo kodwa ngaphandle kwesibopho sezomthetho.
Ngendlela efanayo engazibophezela ngayo enkampanini, uma kwenzeka inani lezinkampani zamabhange ezibambe iqhaza lingakwazi ukufinyelelwa, izovala ingxenye esele yemali esele yenziwe.
Ukubaluleka kwemali mboleko ehlanganisiwe
Izimalimboleko ezihlanganisiwe zibaluleke kakhulu ngoba zinikeza izinzuzo ezihlukile ngaphakathi kwenkundla yezezimali; lapho ihlinzeka khona izinkampani noma izinhlangano zebhizinisi ngentuthuko ehlukahlukene ebanzi kakhulu kunanoma iyiphi enye inhlangano enganikeza.
Lezi zinhlangano zamabhange azikwazi ukuvela ezweni kuphela kodwa nalezo ezingaphandle kwesizwe, ezinobudlelwano kanye nokutshalwa kwezimali okufanayo; Ngale ndlela, kwenza kube lula ngabo ukuthi banwebe imithombo yabo yemalimboleko lapho okubanikeza khona ukuguquguquka okukhulu nobubanzi.
Okubalulekile emalini ebolekiwe yamabhange aqashiwe ukuthi iwavumela ukuthi ahlinzeke ngentuthuko kumakhasimende awo, noma ngabe ubungozi bawo bungaphezu komkhawulo, umsebenzi wawo njengebhange le-ejenti uyawavumela ukuthi aqoqe ikhomishini eyengeziwe njengomkhiqizi. imalimboleko futhi ibavumela ukuthi bagcine ubudlelwano nomsebenzisi, njengoba kuwubuso obucace kakhulu nomthengi phakathi nayo yonke inqubo.
Izinzuzo zekhredithi ehlanganisiwe yamabhange asebenzisana kulokhu kuthuthukiswa ukuthi ivula amehlo amaklayenti angeke ajabulele ukufinyelela ngokusemthethweni ngenxa yokungaqondi kahle nokuxhumana, futhi iwavumela ukuthi anikeze intuthuko ngenkathi ekhulisa ubungozi bawo kumakhasimende ahlukene. futhi, ngisho , ezizweni ezihlukahlukene, njengoba indaba ehlelayo ingagcini ezweni elilodwa.
