THE PROBLEM OF USING BORROWED CAPITAL (BY EXAMPLE OF LOANS) UNDER ECONOMIC CRISIS

Abstract

The article deals with the problem of attracting additional funding, which is relevant in the context of the economic crisis. The author considers the concept «financial instrument», and provides the definition of “financial instrument” as a source of funding. The main types of financial instruments are pointed out, their classification according to the purposes of use is presented. The issue of using borrowed capital (by example of loans) in economic crisis is considered. Recommendations are made for more effective management of enterprise financial resources in the use of various funding sources.