Author(s)

Li Dan, Du Chengzhi

Corresponding Author

Li Dan

Abstract

The average life expectancy of SMEs in China is 2.5 years, and the life expectancy of group companies is 8 years. The difficulty of financing and the high cost of financing can be said to be one of the factors that cannot be underestimated. As a logistics company, it needs financing when it is newly built, expanded, restructured or settled, and as an alternative way of repaying loans in financing, the average capital plus interest and the average capitall. How to calculate? Which kind of repayment is cost-effective? What is the application status of each?In view of this, Literature Review Method, comparison method, and case method, and explores the average capital plus interest of the principal and interest, which are repaid in each period during the repayment period, which are equal to the principal and interest, and the principal and interest repaid in each period during the repayment period. The principal and interest are equal and the principal and interest repaid in each period are gradually reduced to the characteristic equal principal, and the equal principal and interest are mined. The calculation of the respective repayment quotas is derived by using the equivalence series and the equal principal. Item, Analysis of the interest on the equal principal and interest is NA-P, The interest of the average capital is (N+1)*Pi/2，The characteristics of principal and interest in the two repayment methods are finally suitable for the logistics enterprise in the financing, the decision of the equivalent principal and interest or the equal principal and interest repayment loan, the same amount of principal repayment interest is equal to the equivalent principal and interest, and the equivalent principal is more suitable when repaying the loan in advance. However, the pressure on repayment of loans in previous periods was slightly higher than the conclusion that the principals were larger. In order to facilitate the logistics companies to choose the method of repaying loans in financing decisions, and promote the financing of logistics enterprises financing.

Keywords

Logistics enterprise, financing, the average capitall, the average capital plus interest, interest