Võlakapitali

Võlakapital, often translated as debt capital, refers to funds provided to a company by lenders in exchange for a promise of repayment with interest. This type of financing is distinct from equity capital, where investors receive ownership stakes in the company. Companies utilize võlakapital for various purposes, including funding operations, expanding business, acquiring assets, or refinancing existing debt.

The primary obligation for a company that has taken on võlakapital is to make timely interest payments and repay the principal amount by a predetermined maturity date. Lenders can be individuals, financial institutions like banks, or specialized debt funds. The terms of the debt, including interest rate, repayment schedule, and any collateral required, are typically outlined in a loan agreement or bond indenture.

Võlakapital can take many forms. Common examples include bank loans, corporate bonds, and lines of credit. The cost of võlakapital is represented by the interest paid, and its availability can be influenced by the company's creditworthiness, market conditions, and the overall economic environment. While taking on debt can increase a company's financial leverage and potentially boost returns for equity holders, it also carries risks, such as the possibility of default if the company is unable to meet its repayment obligations.