Non recourse finance: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Classify page.)
imported>Doug Williamson
(Add link.)
 
Line 6: Line 6:


== See also ==
== See also ==
* [[Company]]
* [[Default]]
* [[Finance]]
* [[Guarantor]]
* [[Insurer]]
* [[Project finance]]
* [[Recourse]]
* [[Recourse finance]]
* [[Recourse finance]]



Latest revision as of 06:34, 11 March 2023

Finance from a lender for a commercial credit on terms which transfer the risk of default by the commercial debtor from the commercial seller to the lender or some third party guarantor or insurer; the lender has no recourse to the commercial seller.


In project finance, a financing which relies exclusively on the cashflows arising from the project and where the lender has no recourse to the company or companies undertaking the project.


See also