Předpoklady efektivního financování pracovního kapitálu metodou tollingu

Abstract

Tolling can be characterized as a non-traditional tool for financing of working capital and was used in the project of solving a crisis situation in the company VITKOVICE j.s.c., when this method was realized by OSINEK j.s.c. Priorily for fore-financing metallurgical production. Generally, we define „Tolling“ as a financial „By-pass“, when finacing subject buys, at its own expense, material, raw materials or energy, which are delivered to producer for processing. The producer gets reward for processing, which covers its costs and financing company, so to say prroducer, sells finished product, at its own account, to a customer. In accordance with approved theses I determined the following: - To define and by means of methodogical procedure unite basic assumptions and a way for realisation of tolling financing with a particular focus on small and medium companies. - To spread using of tolling method combined with project financing, of which I am convinced, is more suitable for small and medium companies. - To create space for understanding tolling not only as a financial tool by which sources for financing are given, but as a method of complex solving situation with producer, not only in the sphere of financing. - To present using of the method in the concept of commercial activity which can be realised priorily towards small and medium size companies. In my dissertation work, I define reasons for implentation of tolling, so to say, introducing it in companies being in a crisis situation and having difficulties with financing needs of working capital, especially in category of small and medium size companies. I present forms of Tolling, I state characteristics of deliverer to a customer, principles including material flow chart of implementation and a scheme view. Parts of my dissertation work is my practical experience with applying Tolling and there are given differences among financing of working capital and short-time loans in suach a case, that Tolling is not only a tool, but a method for a complex solution of the customerś needs, not only in financial sphere.