vastuujakolla

Vastuujakolla is a financial instrument used in Finland that serves as a loan to the company's shareholders. It is a common tool for Finnish companies to raise capital and can be used for various purposes such as financing investments, refinancing debt, or covering working capital shortfalls.

The key feature of a vastuujakolla is that it is a loan that is repaid in proportion to each shareholder's equity in the company. This means that the repayment obligation is divided among the shareholders based on their percentage of ownership. For instance, if a shareholder owns 10% of the company's equity, they will be responsible for repaying 10% of the vastuujakolla.

Vastuujakollat are typically used by Finnish companies that have strong credit and cash flow profiles, but require additional capital to pursue growth opportunities. The loan is usually agreed upon among the shareholder circle, and the repayment terms are based on a mutually agreed schedule. In some cases, the repayment may be tied to the company's performance, such as a dividend payment or a capital increase.

Finnish companies issue vastuujakollat as an alternative to bank loans or other external financing options, often to maintain control over the company's finances. Since the loan is repaid in proportion to each shareholder's equity, it reduces the need for formal collateral and allows for a more flexible repayment structure. Overall, vastuujakolla serves as a useful tool for Finnish companies seeking to raise capital while maintaining control and minimizing external debt.