We consider a risk-averse entrepreneur who invests in a project with idiosyncratic risk and takes debt financing for … model to investigate the effects of the swap on the entrepreneur's consumption, portfolio, financing and exit from the … not only solves the serious problems of widespread financing constraints, but also significantly improves the welfare …

Recently, a guarantee-investment combination financing mode is popular. This paper considers an entrepreneur who has … financing mode, the initial investment cost is borrowed from a bank with an insurer's guarantee and the growth investment cost …