Template-Type: ReDIF-Article 1.0
Author-Name: Ruzhitsky Vladimir Ye.
Author-Email: verujitskiy@pochta.ru
Author-Workplace-Name: Budget and Treasury Academy of the Ministry of Finance of the Russian Federation
Title: An Optimal Loan Plan for Businesses
Abstract: The article author examines how a business organization can form an optimal loan plan using the data available on the future revenue and expenditure, terms and conditions of loan issuing and use of temporarily available assets. A recurrent pattern is formed for calculating the businesses’ funds availability in real time and an optimal loan plan identification task is set using linear programming tools. The author gives the examples of calculations that show the efficiency of the solutions suggested. The author identifies the ways to solve the problem of optimal loan plan formation if various loan issuing terms are involved and if the available information is inaccurate.
Classification-JEL:
Keywords: budgeting, loan plan optimization, improvement of the loan servicing scheme, linear programming
Journal: Finansovyj žhurnal — Financial Journal
Pages: 67-74
Issue: 4
Year: 2010
Month: October
File-URL: http://finjournal-nifi.ru/images/FILES/Journal/Archive/2010/4/statii/100407.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:100407:p:67-74