SECURED BY PROJECT ASSETS
Project financing is a long-term financing of projects for which repayment of the loan is based upon the projected cash flow of the project rather than the balance sheet of the sponsor. The financing of these projects is typically secured by all of the project assets including the anticipated revenues to be generated by the project.
Long term financing of a project
Favourable interest rate of 19% at reducing balance
Based upon projected cash flow of the project
Security is done by all project’s assets
Customer must provide 40% of the project to be financed and other documentations such as BOQ, Title Deed, Building permit, etc.