Secured short-term debt
Заем, в котором текущие активы используются в качестве дополнительного обеспечения займа. Запасы конечной продукции в наибольшем количестве случаев являются одним из такого рода текущих активов. Например, автодилеры часто используют такой вид финансирования, при котором денежные фонды для оплаты поступающих от производителя автомобилей получают у банков, передавая банкам в обмен право собственности на эти автомобили. Продавая клиентам автомобили, автодилеры возвращают в банк деньги с процентом, а банк передает право собственности уже непосредственно покупателю.
Несмотря на обеспечение, гарантированные краткосрочные займы не всегда менее рискованны для кредитора, поскольку на займы такого рода идут, как правило, такие организации, которые не имеют других каналов получения денежных средств. Кроме того, они требуют большого количества бумаг для оформления займа. Хорошим дополнительным обеспечением являются счета дебиторов. Некоторые организации предпочитают использовать счета кредиторов в качестве закладных или получении гарантированных займов.
См. тж.: Debt; Unsecured short-term debt.
Economics: Англо-русский словарь-справочник
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