商务英语4课文翻译Raising Finance.docVIP

Raising Finance--翻译 Raising Finance???? 融资?????? ? When a company is growing rapidly, for example whencontemplating investment in capital equipment or an acquisition, its currentfinancial resources may be inadequate.????? 当一家公司迅速成长时，例如考虑投资固定设备或进行收购时，它的资金流（current financialresources翻译不准）可能不够充足。 ? Few growing companies are ableto finance their expansion plans from cash flow alone. 很少有成长中的公司能够仅通过现金流为他们的扩张计划融资。 ? They will therefore need toconsider raising finance from other external sources.??? 因此，他们需要考虑从其他外部来源进行融资。 ? In addition, managers who arelooking to buy-in to a business(‘managementbuy-in’?or?‘MBI’)or buy-out(‘management buy-out’or?‘MBO’) abusiness from its owners, may not have the resources to acquire the company.????? 此外，正准备从公司所有者手中对公司进行外部管理层收购或企业内部管理层收购的管理者们可能没有财力收购该公司。 ? They will need to raise financeto achieve their objectives.??? 他们需要筹集资金以达到他们的目标。??? ? There are a number of potentialsources of finance to meet the needs of a growing business or to finance an MBIor MBO:?????? 有很多潜在的资金来源，可以满足成长中的企业或为外部管理层收购或企业内部管理层收购融资。 ? -Existing shareholders anddirectors funds????? 现有股东和董事基金??? ? -Family and friends????? 家庭和朋友??? ? -Business angels?? 天使投资者??? ? -Clearing banks (overdrafts,short or medium term loans)??? 清算银行（透支，中短期贷款）?????? ? - Invoicediscounting?? 发票贴现?????? ? -Hire purchaseand leasing? 分期付款购买和租赁??? ? -Merchant banks(medium to longer term loans)?? 商业银行(中长期贷款) ? -Venturecapital??? 风险资本 ? A key consideration in choosing the source of newbusiness finance is to strike a balance between equity and debt to ensure thefunding structure suits the business.? 平衡权益和负债以保证融资结构适合企业是选择新企业融资来源的一个重要考虑因素。 ? The main differences between borrowed money (debt) and equity are that，with debt, bankers request interest payments and capital repayments, andthe borrowed money is usually secured on business assets or the personal assetsof shareholders and/or directors. 借来的钱（负债）和权益的主要区别在于：对于负债，银行家请求支付利息和偿还资本，借来的钱通常用企业的资产或股东或董事的个人资产进行担保。 ? A bank also has the power to place a business i