Payday Loan companies pop up everywhere. Corporate bond market is developing actively.
Thursday, February 26, 2009
How much can I borrow?
Payday loan is a short term loan advance until your next payday. Due to liquidity problems on the market a lot of people turned to payday loan companies to borrow some cash. During tough economic times people trend to cut down on expenses. When credit is not accessible, people look for instant payday loans.
The main trend at this point is a gradual increase in the timing and amounts of borrowing, as well as increase the liquidity of the market. Release the bond issue is a major alternative to credit in the market of medium-and long-term borrowing, and it is successfully competing and gradually replaces ways to borrow using the bill programs.
Advantages of bonds
Attracting significant amounts of money in the long term;
Maneuvering in determining the characteristics of production: all the parameters of the bond issue (the issue, interest rate, terms, conditions of treatment and payment, etc.) are determined by the issuer of its own;
Operational management structure and the amount of debt the region use their bonds as a tool for the design, optimization of offsets;
Preferential tax treatment;
Financial independence of one or more lenders at the expense of accumulation of funds of various categories of investors;
Favorable conditions for attracting funds from the long term, and take into account the real economic situation and financial markets;
Establishment of public credit history, a direct positive impact on credit ratings. Full and timely implementation of its obligations under the bonds will allow the Federation entity in the future to attract money (including bank loans) to more favorable conditions.
Investment and financial company «Solid» offers its services as:
Financial and legal advisor;
Agent to place;
Underwriter and market maker.
As an organizer of the bond issue:
Developing the financial feasibility of bond issues
Proposal and agree with the issuer of the best loan options based on the market situation, needs and capacities of the issuer
Develops optimal loan scheme with a choice of trading platform, depository, clearing center, and counter parties
Evaluates the readiness of companies to enter the stock market
Organizes cooperation with stock exchanges, depositories, billing agent, the press
Preparing information memorandum, presentation materials, organizing presentations and holding discussions with potential investors
Leads management bonds
As Finance and legal advisor:
Preparing, drawing up a package of documents required for state registration of the bond issue, including decisions on the issue, a prospectus and the report on the results of securities issue
Implementing the legal instruments in support of registering body for registration FSFR Russia
As an agent for the placement:
the issuer offers a powerful information support the bond issue, using as its own information resources, and using established communication with the media (print and electronic media), as well as holding press conferences on the Internet using on-line.
As an underwriter and market maker:
Collects the underwriter syndicate loan
Supports the market liquidity for the selected trading floors, displays quotes for bonds of the issuer
Arranges mortgage lending and repo transactions with a securities issuer
The professional team of IFK «Solid» and the experience of interaction with the registration authority can provide a procedure for issuance of bonds as soon as possible.
IFK «Solid» is ready to offer services for the production and placement of bonds with the total control costs at all stages of securities issues by combining multiple functions, which leads to a reduction in the cost of borrowing for the issuer.