1. First of all, direct financing generally requires intermediaries (brokers, banks, etc.). ), so choosing a brokerage or bank with rich experience, comprehensive technology and good relationship with enterprises can effectively reduce the time cost and may also reduce the financing cost. Of course, this part of the cost is not large in direct financing.
2. Secondly, regardless of bond financing or equity financing, the fundamental cost reduction comes from the change of enterprise fundamentals, and the financing cost of high-quality enterprises is lower. For example, the corporate bond interest rate of AAA is lower than that of AA+, and companies with good fundamentals can also get higher stock prices when raising equity. Therefore, in reducing the cost of bond financing, we can improve the rating through various credit enhancement measures (how to increase the credit can be Baidu), and in equity financing, we can get a higher premium by releasing favorable conditions.
3. Third, choose the right financing opportunity. Whether it is bond financing or equity financing, there is a timing problem, which is related to the economic cycle and the interest rate level in different periods and needs specific analysis.
1, control liabilities. In order to solve the problem of financing difficulty and reduce the financing cost of enterprises as much as possible, enterprises must first control their debt ratio and reduce the bubble of enterprise capital. If the debt ratio is too high, the enterprise's ability to resist risks will be poor. Therefore, if an enterprise wants to develop healthily, it must reduce its debt ratio to an appropriate level to promote its benign operation and development.
2. Healthy development. If enterprises want to reduce financing costs as much as possible, they should also achieve healthy and benign development, have their own development plans, do not follow the trend, carefully analyze the market, develop according to market rules, and follow market rules for healthy and benign development.
3. Reasonable financing. If enterprises want to reduce the financing cost as much as possible, they must raise funds reasonably, make a financing plan at the beginning of each year, and raise funds step by step according to the plan, so as not to carry out unlimited financing and bear more and more foreign debts.
4. Be honest and trustworthy. If enterprises want to reduce financing costs, they must also adhere to a bottom line, that is, abide by the principle of good faith. Integrity management of enterprises is the life of benign development of enterprises. If an enterprise can adhere to this bottom line, its development will get better and better, and its benefits will get better and better. With strong financial resources, of course, there will be much less need for financing.
5. Reasonable planning. In order to reduce the financing cost, enterprises must also plan their development prospects reasonably. How and to what scale the enterprise plans to develop every year are all issues that the enterprise should consider. Only by reasonably planning the development of enterprises can enterprises develop healthily.