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 <front>
  <journal-meta>
   <journal-id journal-id-type="publisher-id">Bulletin of Kemerovo State University. Series: Political, Sociological and Economic sciences</journal-id>
   <journal-title-group>
    <journal-title xml:lang="en">Bulletin of Kemerovo State University. Series: Political, Sociological and Economic sciences</journal-title>
    <trans-title-group xml:lang="ru">
     <trans-title>Вестник Кемеровского государственного университета. Серия: Политические, социологические и экономические науки</trans-title>
    </trans-title-group>
   </journal-title-group>
   <issn publication-format="print">2500-3372</issn>
   <issn publication-format="online">2542-1190</issn>
  </journal-meta>
  <article-meta>
   <article-id pub-id-type="publisher-id">42965</article-id>
   <article-id pub-id-type="doi">10.21603/2500-3372-2021-6-1-109-122</article-id>
   <article-categories>
    <subj-group subj-group-type="toc-heading" xml:lang="ru">
     <subject>ЭКОНОМИЧЕСКИЕ НАУКИ</subject>
    </subj-group>
    <subj-group subj-group-type="toc-heading" xml:lang="en">
     <subject>ECONOMICS SCIENCES</subject>
    </subj-group>
    <subj-group>
     <subject>ЭКОНОМИЧЕСКИЕ НАУКИ</subject>
    </subj-group>
   </article-categories>
   <title-group>
    <article-title xml:lang="en">Alternative Financing of Small and Medium Businesses: Experience of Foreign Countries</article-title>
    <trans-title-group xml:lang="ru">
     <trans-title>Некоторые инструменты альтернативного финансирования малых и средних предприятий: опыт зарубежных стран</trans-title>
    </trans-title-group>
   </title-group>
   <contrib-group content-type="authors">
    <contrib contrib-type="author">
     <name-alternatives>
      <name xml:lang="ru">
       <surname>Пиньковецкая</surname>
       <given-names>Юлия Семеновна</given-names>
      </name>
      <name xml:lang="en">
       <surname>Pin'koveckaya</surname>
       <given-names>Yuliya Semenovna</given-names>
      </name>
     </name-alternatives>
     <email>judy54@yandex.ru</email>
     <bio xml:lang="ru">
      <p>кандидат экономических наук;</p>
     </bio>
     <bio xml:lang="en">
      <p>candidate of economic sciences;</p>
     </bio>
     <xref ref-type="aff" rid="aff-1"/>
    </contrib>
   </contrib-group>
   <aff-alternatives id="aff-1">
    <aff>
     <institution xml:lang="ru">Ульяновский государственный университет</institution>
     <city>Ульяновск</city>
     <country>Россия</country>
    </aff>
    <aff>
     <institution xml:lang="en">Ульяновский государственный университет</institution>
     <city>Ульяновск</city>
     <country>Russian Federation</country>
    </aff>
   </aff-alternatives>
   <volume>6</volume>
   <issue>1</issue>
   <fpage>109</fpage>
   <lpage>122</lpage>
   <self-uri xlink:href="https://moloprom.kemsu.ru/en/nauka/article/42965/view">https://moloprom.kemsu.ru/en/nauka/article/42965/view</self-uri>
   <abstract xml:lang="ru">
    <p>Предприниматели играют важную роль в современных национальных экономиках. Вместе с тем многие созданные ими малые и средние предприятия испытывают трудности в привлечении необходимых для функционирования и дальнейшего развития инвестиций. Средств, имеющихся непосредственно у предпринимателей и их родственников, как правило, не хватает для решения задач, особенно в кризисных условиях. В связи с отсутствием значительных основных фондов, кредитных историй, неполнотой раскрываемой в установленной отчетности информации для большинства малых и средних предприятий недоступны банковские кредиты. Как показывает зарубежный опыт, эффективным направлением наращивания финансирования предприятий является использование альтернативных форм и методов получения денежных средств. Рассматривается накопленный за последние годы опыт использования альтернативных инструментов финансирования предпринимательского сектора в зарубежных странах. Такой опыт представляется актуальным для современного этапа развития отечественного предпринимательства. В качестве основных инструментов альтернативного финансирования были выявлены факторинг, финансирование заказов, складские расписки, лизинг, торговый кредит и краудфандинг. Приведены краткие характеристики каждого инструмента, а также достоинства и недостатки, требования к нормативно-правовому обеспечению, виды деятельности, в которых они преимущественно используются. Практическая значимость анализа альтернативных инструментов финансирования заключается в том, что они могут быть использованы при оказании помощи предпринимателям, у которых возникли трудности в финансировании производства и реализации продукции. Результаты могут применяться органами государственного управления для формирования политики улучшения доступа предпринимательских структур к оборотным средствам и инвестициям в России и ее регионах. Материалы представляют интерес для предпринимателей.</p>
   </abstract>
   <trans-abstract xml:lang="en">
    <p>Small and medium enterprises play an important role in modern national economies. However, many of these enterprises experience difficulties in attracting the necessary investments for operation and further development. Personal finances are usually not enough to solve all problems, especially in crisis conditions. Bank loans are not available for most small and medium businesses because of small fixed assets, poor credit history, and incomplete reporting. As foreign experience shows, alternative forms and methods of obtaining the necessary funds can be an effective way to increase the financing of such enterprises. This review article examines the experience gained in recent years in using alternative financing. This experience is relevant for the current domestic entrepreneurship. Factoring, order financing, warehouse receipts, leasing, trade credit, and crowdfunding proved to be the main alternative financing tools. For each of these financial instruments, the article gives brief characteristics, advantages and disadvantages, requirements for regulatory support, and related types of activities. The research results can help entrepreneurs who have difficulties in financing their production and sale, especially beginners. The results obtained can be used by government authorities to form a policy to improve access of business structures to working capital and investment in Russia and its regions.</p>
   </trans-abstract>
   <kwd-group xml:lang="ru">
    <kwd>факторинг</kwd>
    <kwd>финансирование заказов</kwd>
    <kwd>складские расписки</kwd>
    <kwd>лизинг</kwd>
    <kwd>торговый кредит</kwd>
    <kwd>краудфандинг</kwd>
   </kwd-group>
   <kwd-group xml:lang="en">
    <kwd>factoring</kwd>
    <kwd>order financing</kwd>
    <kwd>warehouse receipts</kwd>
    <kwd>leasing</kwd>
    <kwd>trade credit</kwd>
    <kwd>crowdfunding</kwd>
   </kwd-group>
  </article-meta>
 </front>
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