Formation of an Effective Mechanism of Financial and Credit Support Reproduction Process

Abstract

The paper proposes an approach to the assessment of the economic efficiency of financial and credit support reproduction a company’s fixed assets for sea transport sectors of the regional economy of the Russian Federation on the basis of an economic-mathematical models describing the process of cash flow development and including sensitivity analysis. The article examines the process of forming an effective mechanism of financial and credit support when reproducing fixed assets of the economic entity; offers forfeiting as the finance vehicle element; introduces comparative analysis of loan financing, leasing and forfeiting and proves the economic viability of the last described. The results of the study to determine the most effective methods of financial and credit support of the reproduction process in the economy may be based on the need to develop a financial mechanism for the Russian financial system in order to ensure sustainable economic development.

DOI: 10.5901/mjss.2015.v6n5s3p84