Синдицированное кредитование для малого и среднего бизнеса

Abstract

Being one of the main instruments of corporate financing, a syndicated loan is provided to the borrower by two or more lenders, subject to the use of standard legal documentation. The subject of the study is the syndicated lending market as a source of attracting financing for small and medium—sized businesses. The objectives of the work are to establish the advantages and disadvantages of syndicated loans from the point of view of borrowers in the segment of small and medium—sized businesses; description of syndicated lending market instruments – revolving credit lines, term loans, investment financing transactions that can be used by borrowers to attract credit resources; comparative analysis of "classic" syndicated loans and syndicated transactions for small and medium-sized businesses on such parameters as applicable tools, loan volume, loan term, transaction participants, legal documentation, information package, transaction implementation schedule. The article concludes that a syndicated loan can become an important tool for attracting financing for small and medium-sized businesses. Such transactions will be carried out by banks, which are the main financial partners of borrowers, using standard forms of legal documentation and using specialized financial technologies to optimize the transaction process. The combination of these factors will allow a new segment of the Russian syndicated lending market to appear in the future – a segment of transactions for borrowers of small and medium-sized businesses.