Zomwe zimayambira pakuwonongeka kwa ngongole zikugunda makampani kumapeto kwenikweni kwa chakudya chamakampani.Yambani kufinya kusanayambe.

Masiku a ndalama zosavuta, zotsika mtengo zatha.Mkuntho wabwino wokwera wa chiwongola dzanja, kufalikira kwangongole pakati pamavuto azachuma komanso kukhwimitsa kachulukidwe ka banki yayikulu ndikufinya makampani omwe alibe ndalama.

Zaka zingapo zapitazi zinali zovuta, malinga ndi kunena kwa Tony Carfang, mkulu woyang’anira pa The Carfang Group, kampani yoyang’anira zachuma: “Nyengo zabwino zandalama m’zaka ziŵiri zapitazi kwenikweni zinali zosagwirizana ndi chithunzi cha nthaŵi yaitali cha ngongole ya zokolola zambiri. msika.”

Makampani omwe adabwezanso ndalama pomwe mliri wa Covid-19 udayamba akukhala bwino - pakadali pano.Ponena za makampani omwe akufunika kubweza ngongole zomwe zilipo kale kapena kupeza mabizinesi atsopano azandalama, zosankha zawo zikucheperachepera.

"Makampani [otsika] atha kulowa m'malo ovuta chifukwa chiwongola dzanja chikuwonjezeka mu Eurozone," atero François Masquelier, wapampando waku Luxembourg wa European Association of Corporate Treasurers.“Kukwera kwa chiwongola dzanja kungapangitse kuti anthu asamapezeke mosavuta pangongole.”

Kufinyira kwandalama ndikoyenera makamaka kwamakampani omwe adapezako koyambirira kwa chaka kapena chaka chatha mothandizidwa ndi ngongole zamilatho, zomwe zikutha.Kupereka chomangira kungakhale sitepe yotsatira yodziwikiratu, koma izi zitha kukhala zovuta.Chiwerengero cha makampani omwe akupereka mabanki osafunikira chaka chino chatsika kwambiri.Padziko lonse lapansi, makampani 210 adapereka ndalama zokwana $111 biliyoni m'miyezi isanu ndi itatu yoyambirira ya chaka.Ndiko kutsika kwakukulu kuyambira chaka chapitacho pamene makampani 816 adapereka $ 500 biliyoni, malinga ndi Dealogic wopereka deta.

Kugwaku kwafalikira ku US, Europe ndi Asia-Pacific mwa zina chifukwa makampani adakweza ngongole mu 2021 pomwe zinali zotsika mtengo.Chifukwa chake, alibe chifukwa chowonjezeranso ndalama mu 2022. Komabe, zikukhala zokwera mtengo kwambiri ndipo chifukwa chake zimakhala zocheperako kutulutsa ngongole yatsopano.

"Zina mwazokopazo zinali zachilengedwe - liwiro la 2021 linali losakhazikika," atero a Eric Rosenthal, director wamkulu pazachuma chokhazikika ku Fitch Ratings."Koma zoona zake n'zakuti tikuyang'ana zoperekedwa zomwe zingakhale zotsika kwambiri monga momwe tinalili mu 2008, zomwe ndi zodabwitsa."

Msika wabwino kwambiri wamabondi wamakampani, mwachitsanzo, ndi "wakufa."Izi ndi molingana ndi mutu wina wa banki yaku France ku London.Doko loyamba lamakampani ndi banki yawo kuti iwonjezere ngongole yawo yamlatho kapena kukhazikitsa njira yobwereketsa kwakanthawi mpaka atapereka bondi, adatero.

Gulitsani Kuti Mukwiye Ndalama Zamakampani

Njira ina yamakampani omwe ali ndi mavuto azachuma omwe akusowa ndalama ndikuyang'ana njira zowunikira ndikuganizira zogulitsa katundu.Chiwongoladzanja cha obwereketsa omwe ali ndi ndalama zosafunikira akuyembekezeka kuwonjezeka.Pambuyo pakuyamwitsa zotayika kwambiri chaka chino, mabanki akuzizira pamakampani owopsa pamabuku awo.

Mabanki aku US ndi ku Europe akuyembekezeka kutaya ndalama zoposa $5 biliyoni pa ngongole zowopsa zogula.Obwereketsa akuluakulu aku US Bank of America ndi Citigroup adalemba $ 1 biliyoni pa ngongole zobweza ndi mlatho mgawo lachiwiri lokha, inatero Reuters.

Wells Fargo adalemba $107 miliyoni pazachuma zomwe sizinalipilidwe pomwe kufalikira kwa msika kudawotcha banki.Banki yachitatu yayikulu kwambiri ku US idapeza "kuwonongeka kwachitetezo chandalama" $576 miliyoni pambuyo pakutsika kwa msika mgawo lachiwiri kuwononga bizinesi yake yayikulu.Fitch akuneneratu kuti chiwongola dzanja cha zokolola zazikulu chidzawirikiza kawiri mpaka 1% chaka chino ku US ndi 1.5% ku Europe ndikukwera mpaka pakati pa 1.25% -1.75% ndi 2.5% mu 2023, motsatana.

Ogula akumangitsa malamba pamene nthawi zovuta zikufika, kuyika chitsenderezo pamakampani omwe adakulitsa ngongole munthawi yabwino koma osapeza phindu.Mu 2021, Just Eat anali atakwera kwambiri atagula mnzake waku US Grubhub kwa € 7.3 biliyoni kuti akulitse gawo lake pamsika wampikisano wopereka chakudya.Patatha chaka chimodzi, kusintha kwachuma, chimphona chonyamula katundu chikufunafuna ndalama.

Mu Ogasiti, patangotha ​​​​chaka chimodzi kuchokera pomwe adalembetsa mgwirizano wogula Grubhub, Just Eat adalemba € 3 biliyoni pakugula kwake.Kenako idagulitsa chiwongola dzanja chake pa pulogalamu yopindulitsa yaku Brazil yobweretsera iFood kwa € 1.8 biliyoni kuti ilimbitse ndalama zake ndikubweza ngongole.

"Tiwona zambiri zamitundu yokonzanso kapena zosintha zomwe zimalola kampani kukweza ndalama kapena kukonza dongosolo lake," akutero Carfang.Ngati mukugula nthawi, zinthuzo zitha kugwira ntchito.Koma pali malire a zomwe zinthuzo zingachite.Ukuturuka mpaka utakhala maliseche ndiye utani?"

Zinthu zandalama zidzangokulirakulira, aneneratu akatswiri, pomwe mabanki apakati amathetsa ndondomeko yazandalama kwazaka zambiri.Bank of England ikukonzekera kugulitsa ndalama zokwana £200 miliyoni za ma bond pa sabata, zomwe ziziwonjezera mpaka $ 10 biliyoni kotala, monga gawo la mapulani ake otsitsimula.Kukhwimitsa kachulukidwe kwayamba kale ku US, ndi Federal Reserve ikuyesetsa kuchepetsa ndalama zake zokwana $9 thililiyoni pazaka zinayi zikubwerazi.

Kuchulukirachulukira—kuchuluka kwa kukwera kwa mitengo ya zinthu, kusowa ntchito komanso kusokonekera kwachuma—ndichiwopsezo chomwe chikukulirakulira kwa obwereketsa otsika, makamaka aku Europe, Middle East ndi Africa.Izi zimatsikira pakuchepetsa kukula kwachuma ku Europe, kukulitsidwa ndi zisonyezo zachilendo monga Brexit, ndi makampani ochepera m'magawo ochita bwino ngati zinthu.

"Ziwopsezo zikuchulukirachulukira m'magawo omwe ali pachiwopsezo cha kukwera kwa mitengo ndikubwerera m'mbuyo pakufuna kwa ogula," atero mkulu wa Fitch Ratings, Lyuba Petrova."Opereka ndalama ku Europe omwe ali ndi ndalama zambiri amakhala ndi mwayi wocheperako poyerekeza ndi anzawo aku US."

Khalani Wobwereka Wanzeru

Oyang'anira chuma chamakampani ndi oyang'anira zachuma ayenera kukhala osamala kuti athe kupeza ndalama m'misika yayikulu panthawi yamavuto."Sitikuwona chilichonse chosonyeza kuti misika imasuka," atero a Sarah Boyce, wothandizana nawo mu gulu laukadaulo ku UK's Association of Corporate Treasurers."Izi zikuwoneka kuti zitha kukhala zachilendo kwakanthawi."

Koma, akuwonjezera, makampani ayenera kukhala okonzekera bwino kuti alowemo panthawi yomwe zinthu zimawoneka bwino."Misika imatsegulidwa kwakanthawi kochepa kwambiri, chifukwa chake muyenera kukhala okonzeka kukanikiza batani," akutero.“Simukufuna kuyamba ntchitoyi msika ukadzatsegulidwa.Mukufuna kukhala okonzeka kupita.Chomaliza chomwe mungafune ndikuzindikira kuti mukufunika chivomerezo cha board ndikuti patenga milungu isanu ndi umodzi, chifukwa panthawiyo msika udatha kutsegulidwa ndikutseka. ”

Mabizinesi omwe akuvutika omwe akufuna kutulutsa ngongole kapena kugawana angafunefune osewera ena kuti awathandize kumaliza mzere womaliza.Kumayambiriro kwa chaka chino, wogulitsa magalimoto a Carvana adatembenukira ku Apollo Global Management kuti apeze ndalama zokwana $1.6 biliyoni kubweza ndalama zomwe zidayimitsidwa za $ 3.3 biliyoni kuti athandizire kupeza.Zinabwera pamtengo: zokolola za 10.25%.

Pakadali pano, mabizinesi amatha kuyesetsa kukonza njira zoyendetsera ndalama, monga kuwongolera ma invoice komanso kusungitsa ndalama zomwe zasungidwa m'mabungwe apadziko lonse lapansi.Ino ndi nthawi yoti mabungwe apambane maubale awo omwe alipo kuti apindule kwambiri."Yang'anani kwambiri pa maubale omwe alipo kale," akutero Carfang.“Pitani kubanki yomwe mudaperekako mabizinesi ambiri m’mbuyomu.Pitani ku banki yemwe amakudziwani.Pitani kumabanki omwe amamvetsetsa zamakampani anu chifukwa chake mwina sangakhale ovuta kwambiri pangongole zomwe amalipira. ”

"Pitani kumabanki omwe angayamikire bizinesi yothandizira, monga bizinesi yosamalira ndalama yomwe mungawapatse kuti athandizire kubweza ngoziyo, kusiyana ndi kuyambitsa ubale watsopano - chifukwa izi zikhala zodula."