What exactly might you expect to pay?
Monday, 15 August 2016
Now that you have your business ready for funding, you probably want to know about paying fees and costs for a big project? Many businesses refuse to pay upfront fees and exhaustive list of charges but the biggest question is;
Thursday, 19 May 2016
It is quite hard to get a bank loan so entrepreneurs are open to other forms of project funding. When entrepreneurs turn to an international project funder, a number of guarantee letters might be involved to enable the funding to go ahead. You can be prepared with a bank guarantee or you might be asked by the funder to get a bank guarantee issued. To reduce confusion let's use the below analogy as an example:
The Debtor - Seller - You
The Beneficiary - Buyer - In this example, us
The Guarantor - The Bank
Collateral - When you use physical goods or property such as a house that you own to obtain a loan, it is known as "collateral". You must pledge one or more of your assets as security for a loan. This can also be secured against company assets. Should you fail to repay the loan, the lender is legally entitled to your physical goods.
Wednesday, 3 February 2016
Friday, 15 January 2016
Now is the time to get your renewable energy project financed. With countries reaching agreements at the COP21, there is a need for companies to go "green" and implement a business strategy that will eventually enhance the sectors below.
Thursday, 14 January 2016
Large Project LoansIt can be difficult for startup businesses to get a loan from a bank because there's no history of financials. Instead if the bank chooses to do so, they might give you a loan based on your credit score.
There are alternative options to get large project finance and that is through the likes of private investors, venture capitalists and other non banking financiers. There is a huge risk to large project loans from a lender's point of view. Not because of the size of the project but because lenders might need to mitigate their risk.
Tuesday, 5 January 2016
Banking Finance vs Non Banking Finance
Here is a comparison chart of what banking finance looks like versus non banking finance.
Sunday, 13 December 2015
100% Debt Funding For Startup Projects
Often it can be hard to find a funder that will do debt funding for start ups because of the amount of risk involved. (Especially when large projects need $10 Million USD or more)
100% Project Funding Secrets
Project funding isn't as easy as you think, different funders work in different parameters. In order to get 100% project funding, your project needs to be backed by collateral thus reducing lender risk.
As well, you might have seen on the internet whereby entrepreneurs state that there shouldn't be any costs to a project this might ring true for other types of funding. Technically there are always costs involved when structuring costs for a project. Our funders put a lot of time and effort into finding ways to kick start projects so some form of liquidity is needed whether it's from you or from an exterior provider.