On one approach to selecting the rate of internal lending of enterprises in the composition of holding structures

The article is devoted to the development of a toolkit for models and methods for choosing a compromise for a management company and a structural business unit as part of an integrated group of enterprises, the rate on an intercompany loan, which makes it possible to increase the efficiency of the main production activities of the holding's divisions and, at the same time, maintain the stability of the financial sector and the profitability of corporate capital. The influence of exogenous factors of the market environment and controllable factors of the production sphere of the holding's enterprises on the choice of the effective rate for intra-company loans is investigated. Model calculations were carried out on the example of a virtual enterprise with a hierarchical organizational structure, for the subdivisions of which (technological redistributions) the neoclassical dependence in the pair “working capital costs - output of marketable products” is valid. The article presents the relevant economic and mathematical models for determining the effective rate of an intra-corporate loan and a description of the original analytical method for choosing a compromise rate proposed by the authors. Calculations of this rate are carried out on the example of test data and the influence of each of the exogenous factors on its value is studied. Interpretation of the results obtained and specific steps for the enterprises of the holding are proposed in order to obtain the maximum return on loans in the production sector and the efficient distribution of company-wide resources.