The financing plan mainly includes the following contents.
I. Planning of financing plan
The achievement of project financing research ultimately comes down to the preparation of a complete financing plan, which is based on the annual investment plan. In practice, the capital and debt financing of the project are often arranged in the same proportion, or a part of the capital is invested first, and the remaining capital and debt financing are in the same proportion.
Second, the capital structure analysis
In the design and optimization of project financing scheme, capital structure analysis is an important content. The rationality and optimization of capital structure are determined by many factors such as fairness, risk and capital cost. The capital structure of the project refers to the form of equity funds and creditor's rights funds, the proportion of various funds and the source of funds. Including: the ratio of project capital to debt financing, capital structure and debt capital structure.
Three. Financing risk analysis shows that there are many risks in the process of project implementation, which will lead to changes in the financing plan of the project, and the project needs to have sufficient refinancing capacity. In the scheme design, CAMI will consider the standby financing scheme, which mainly includes: the additional investment commitment of the shareholders of the project company, the additional loan commitment of the loan syndicate, and the bank loan commitment higher than the planned amount of the project to obtain the standby loan commitment.
Second, what is the enterprise financing plan? What is the basic content of the financing plan?
Enterprise financing scheme is the channel of enterprise financing. The basic contents of the financing plan include the following points: 1. Planning of financing plan. The result of the project financing research finally comes down to the preparation of a complete financing plan, which is based on the annual investment plan; 2. The analysis of capital structure shows that the rationality and optimization degree of capital structure are determined by many factors such as fairness, risk and capital cost. 3. Financing risk analysis, investment ability risk and investment attraction, and project refinancing ability There are many risks in the project implementation process, which will lead to changes in the project financing plan, and the project needs to have sufficient refinancing ability. Enterprise financing is divided into debt financing and equity financing. Debt financing includes bank loans, issuing bonds, notes payable and accounts payable, while equity financing mainly refers to stock financing. Debt financing constitutes a liability, and the enterprise must repay the agreed principal and interest on time. Creditors generally do not participate in the business decision-making of enterprises and have no decision-making power over the use of funds. Equity financing constitutes the enterprise's own funds, and investors have the right to participate in the business decision-making of the enterprise and receive the dividend of the enterprise, but they have no right to withdraw the funds. Enterprise's own fast financing channel funds, enterprise's tax payable and interest, and enterprise's unused or undistributed fast financing channel special funds. The fast financing channel mainly points to financial institutions for financing, and its cost is mainly interest liabilities. Bank loan interest can generally offset corporate pre-tax profits, thus reducing corporate income tax. Non-financial institutions and enterprises have a lot of financing space. However, due to the relatively low transparency, the state has quota control over the fast financing channels. From the perspective of tax planning, the fast financing channel enterprise borrowing, that is, inter-enterprise borrowing, has the best effect. Fast financing channels: internal fund-raising and equity financing can be exempted from personal income tax. Financing plays an important role in the rapid development of the company and can promote the further expansion of the company's development scale.
3. What is the financing plan?
There are many ways of industry financing. (1) Debt financing: enterprise suppliers, commercial banks, government-funded plans and joint ventures with large companies.
(2) Stock financing: selling stocks by private placement or public offering of individual investors' funds.
First of all, commercial banks are the main advocates of corporate debt financing. With the maturity of the enterprise and a large number of hard assets as collateral, banks are willing to serve it. It is wise to establish contact with the bank as soon as possible, and it is also advisable to apply for a loan in advance.
(c) Government-funded schemes, in which the government is more and more actively involved in innovative research and development of enterprises. Although the nature of financing is different, each scheme usually expands other sources of financing.
(4) Another way to obtain funds is to sell shares to external private investors through private placement or public offering, or to raise certain funds.
(5) Cooperate with larger companies with stronger strength and invest in the establishment.
The financing channels described so far are the main sources for companies to obtain funds, but enterprises should not ignore other financing channels when seeking funds.
I hope you can forgive my limited knowledge and ability. Thank you.
Four. What is the main content of the financing plan?
Generally speaking, corporate financing plans mainly include
I. Financing Plan
The achievement of project financing research ultimately comes down to the preparation of a complete financing plan, which is based on the annual investment plan. In practice, the capital and debt financing of the project are often arranged in the same proportion, or a part of the capital is invested first, and then the rest of the capital and debt are invested.
Second, the capital structure analysis
The analysis of project financing structure is an important content. The rationality and optimization of capital structure are determined by many factors such as fairness, risk and capital cost. The form of equity funds and creditor's rights funds, the proportion of various funds and the source of funds in the project. Include project capital and debt capital structure.
three
The risk of capital contribution ability and the attraction of capital contribution, the refinancing ability of the project will lead to the change of the project financing scheme, and the project needs to have sufficient refinancing ability. In the scheme design, CAMI will consider the standby financing scheme, which mainly includes: the additional investment commitment and loan commitment of the shareholders of the project company are higher than the amount of funds obtained by the project plan.
According to the tension of the project financing budget, the Institute of Mechanical Engineering thinks that the investment and expenditure plan of the project should be matched with the balance of the financing plan, and a certain margin should be left when necessary. Interest rate and exchange rate risk interest rate are constantly changing. Whether floating rate loans or fixed rate loans are adopted, the uncertainty of capital cost will lead to interest rate risk. In the international financial market, this change in countries is called exchange rate change. The exchange rate risk of soft currency is low, but high.