Corporate Finance
roject LoanProject Loan is a kind of long-term loan for a particular purpose, it requests to set up a new and separate company to bear the loan.
The profits and asset of this company is the source of repayment.
Type of the Project Loan
Project Loan without the right of recourse | |
Lender
will receive real guarantee from the assets of the project to secure
its own interest. If the project fails to complete or fails to operate,
and its assets or profits are not enough to repay the entire loan, the
lender has no recourse to the borrower in the project. |
|
Project Loan with the right of recourse | |
Lender
can request a third party to provide guarantee of this company. Lender
has the right of recourse to the guarantor, when the loan is not repaid
in the future. |
For any enquiries, please contact Mr. Ivan Wong at 2317 4045, via fax 2317 4049 or via email.