This article is product or the mvestlgations madeby the group of mvestigation INTECOM - PYMES,which analyzes the financia! risk or thc companies.in terms of their schemes of flnancing. analyticallyresist the benefits of the hnanclng w1th debt for theenterprise sector. the lim1tatlons m the obtainingof financia! resources, like aiso the 1mpact of thecosts in the use of informa• sources of financing.pararte bars to the offic1al fmanc1al system. Thecausal relat1ons of return nsk are emphasized inagreement with the levels of financ1ng. the structureof capital and in general of the f1nanc1al runcuon ofthe companies.