Emisión de documentos a largo plazo con interés fijo como medio de financiamiento no tradicional. Caso de estudio empresa Quevall.

Abstract

The following research has as an objective to demonstrate the benefits that the Ecuadorian stock market offers leaded to the small and medium commercial enterprises segment within Machala city. For this reason, a comparative analysis was developed between a non-traditional financing method such as the issue of long term debt , fixed rent; and the bank loan, that is already known. For this research, our primary sources were interviews to experts who developed to get relevant information of the market, and the Quevall historical data as a secondary source. Moreover, it was established that the two different scenarios of financing ways already exist in the financing market. The conclusion of the research presents that the document issues analysis has less financial costs and it generates major returns in comparison with a bank loan. In Addition, a comparative analysis was developed, in which it was considered the debt payment periods, the interest payment and the forecast for the returns.