You might have heard the term project finance. In this article, we are going to cover everything about project financing. Project finance is all about arranging money for industrial and infrastructure projects. The project finance company arranges for the funds for part-funding of the project and the balance has to be invested by the sponsor/promoter.
Advantages of project financing
After obtaining the services of a project finance firm, you are going to reap endless perks. Some of them are as follows:
The borrowers with good creditworthiness and a viable project can get a good project and a fantastic opportunity to obtain the loan.
The financial load per investor related to debt servicing is comparatively smaller.
The costs per investor are comparatively lower in such cases.
Process of availing project finance
An information package will be generated by the advisor team that contains information about the financial model and market details. After that, the requirements of the credit committee are emphasized. The team will look at the present, and the past deals with it, the security structure is also scrutinized.
The team of the STV makes a model of its own and project finance teams are called for further discussion. The team of the project finance company will look at the terms and conditions. Then the project finance team shortlists a few banks, and the next step of the process is initiated.
Source Url : https://www.resurgentindia.com/resurgent-india-project-finance-company-offers-the-best-funding-solutions
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