REDUCTION OF EXPENSES FOR ATTRACTION OF BORROWED FINANCIAL RESOURCES

Abstract

The article is devoted to the problem of reducing the costs for attraction of borrowed capital in a situation, when financial resources of domestic enterprises for 75,5% are formed from liabilities. Among the main directions of costs’ reduction are considered the possibility of tax savings, the formation of financial resources of enterprises with the help of accounts payable, the merger of enterprises in holdings. Additionally with this, the negative differential of the financial leverage, the aggressive financing policy were revealed, which characterize the activity of domestic enterprises at this stage and can negatively reflect on their financial equilibrium and value of their business.