Lending system for agricultural enterprises: Prospects for development and transformation

The article examines the current situation of using lending, leasing and factoring instruments for agricultural producers in modern Russia. The authors note that the current lending and leasing system requires transformation to take into account the conditions for the activities of agricultural ente...

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Main Authors: Loretts Olga G., Kot Ekaterina M., Ruchkin Aleksey V., Kukhar Viktor S.
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:BIO Web of Conferences
Online Access:https://www.bio-conferences.org/articles/bioconf/pdf/2024/01/bioconf_msnbas2024_05035.pdf
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author Loretts Olga G.
Kot Ekaterina M.
Ruchkin Aleksey V.
Kukhar Viktor S.
author_facet Loretts Olga G.
Kot Ekaterina M.
Ruchkin Aleksey V.
Kukhar Viktor S.
author_sort Loretts Olga G.
collection DOAJ
description The article examines the current situation of using lending, leasing and factoring instruments for agricultural producers in modern Russia. The authors note that the current lending and leasing system requires transformation to take into account the conditions for the activities of agricultural enterprises, taking into account seasonality and the delayed effect of obtaining results. A transformation system for leasing is also proposed to make the instrument more flexible through the introduction of commercial instruments and the abandonment of exclusively government regulation of the activity in question. The authors note the effectiveness of the transformation of the proposed methods of lending, leasing and factoring by increasing demand and reducing the risk of repayment for both enterprises and participants in the banking sector.
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spelling doaj.art-abacfa111f21463a8c20ccaf364867512024-01-17T14:58:26ZengEDP SciencesBIO Web of Conferences2117-44582024-01-01820503510.1051/bioconf/20248205035bioconf_msnbas2024_05035Lending system for agricultural enterprises: Prospects for development and transformationLoretts Olga G.0Kot Ekaterina M.1Ruchkin Aleksey V.2Kukhar Viktor S.3Ural state agrarian universityUral state agrarian universityUral state agrarian universityUral state agrarian universityThe article examines the current situation of using lending, leasing and factoring instruments for agricultural producers in modern Russia. The authors note that the current lending and leasing system requires transformation to take into account the conditions for the activities of agricultural enterprises, taking into account seasonality and the delayed effect of obtaining results. A transformation system for leasing is also proposed to make the instrument more flexible through the introduction of commercial instruments and the abandonment of exclusively government regulation of the activity in question. The authors note the effectiveness of the transformation of the proposed methods of lending, leasing and factoring by increasing demand and reducing the risk of repayment for both enterprises and participants in the banking sector.https://www.bio-conferences.org/articles/bioconf/pdf/2024/01/bioconf_msnbas2024_05035.pdf
spellingShingle Loretts Olga G.
Kot Ekaterina M.
Ruchkin Aleksey V.
Kukhar Viktor S.
Lending system for agricultural enterprises: Prospects for development and transformation
BIO Web of Conferences
title Lending system for agricultural enterprises: Prospects for development and transformation
title_full Lending system for agricultural enterprises: Prospects for development and transformation
title_fullStr Lending system for agricultural enterprises: Prospects for development and transformation
title_full_unstemmed Lending system for agricultural enterprises: Prospects for development and transformation
title_short Lending system for agricultural enterprises: Prospects for development and transformation
title_sort lending system for agricultural enterprises prospects for development and transformation
url https://www.bio-conferences.org/articles/bioconf/pdf/2024/01/bioconf_msnbas2024_05035.pdf
work_keys_str_mv AT lorettsolgag lendingsystemforagriculturalenterprisesprospectsfordevelopmentandtransformation
AT kotekaterinam lendingsystemforagriculturalenterprisesprospectsfordevelopmentandtransformation
AT ruchkinalekseyv lendingsystemforagriculturalenterprisesprospectsfordevelopmentandtransformation
AT kukharviktors lendingsystemforagriculturalenterprisesprospectsfordevelopmentandtransformation