By another possibility of bringing in of money facilities free for payment of own debt there is an agreement of financing under the concession of rights in an action. In international practice this method is more known.

Unlike the concession of requirement provides for that the purchase of requirement can be carried out exceptionally due to the meeting grant of money facilities (an item 824 GK of Russian FEDERATION). Another advantage of is a receipt of financing on account of future sales of products.

On the whole, факторинг has many other advantages as compared to the concession of rights for requirements, however much this question requires the special consideration. In addition, as by a financial agent by agreement of financing under the concession of requirement can be only credit establishment, then possibilities of are strongly limited in the conditions of bank crisis.

Diminishing of payments to the acceptable level

This stage offers a few variants which will help you to convince creditors to decrease or postpone the debt of enterprise. These diminishing of debt and postponement will result in appearance of new chart of debt of enterprise retirement. Some methods of restructuring of debt come into question below from point of possibility of persuasion of creditors to accept such suggestion.

Development of plan of payment of new, diminished obligations

On this stage an enterprise must make the chart of payments, in which an enterprise can distribute the restructured payments on maintenance of the debt between the primary and second-rate creditors of enterprise.

Stage 6 offers distributing of payments among creditors to carry out the following method:

Above all things will pay all primary debts of current period, after second-rate requirements. Carry the amount of remaining money moneys on a next period and again will repeat procedure.

Certainly, there are alternative methods of distributing of payments. For example, you can choose for payment only of primary creditors, setting aside payment second-rate creditors in an order to increase ability to pay primary creditors in a next period et cetera Such approach depends on that, how an enterprise is long can risk and not pay second-rate creditors. Similar decisions must be accepted on the basis of analysis of concrete facts and circumstances.

From point of methods of restructuring, implies the exchange of assets of company on different concessions from the side of creditors (for example, reduction of sum of debt, diminishing of interest rate, et cetera). Thus an enterprise must not be limited only by the products and, vice versa, must take into account any assets, being in his propert, including the assets of unproductive character, bonds of local administration, actions of other enterprises, bills of exchange of banks et cetera. Such assets as bills of exchange of the largest banks or action of other companies are often used for calculations with the centralized suppliers (by suppliers electric power, waters, gas et cetera), sometimes and with pension fund.

Before to offer some assets as, you must set itself the followings questions.