The article considers the issue of searches of other mechanisms of formation of optimum capital structure in the conditions of insolvency of the known classical compromise theory. The author offers the real mechanisms connected to decrease of loan cost with leverage which is defined (in some range of leverage levels) by growth of loans volume. This mechanism is absent in Modigliani - Miller's perpetuity limit in the modified version of the theory and exists within more general modern theory of cost and structure of the company capital of Brusov - Filatova-Orekhova (BFO theory).
Keywords: compromise theory, loan financing, capital cost, optimum structure of capital, leverage, Modigliani - Miller's modified theory, Brusov- Filatova - Orekhova theory
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