Project Financing

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Corporations operate in a quickly changing business environment that can at any time render their product lines inadequate for the purpose of achieving further growth, but SPL can help. Committed to a course of continuous innovation, SPL is scours the globe for the latest concepts and tweaks its products and services to deliver solutions tailored to meet the specific needs of each individual corporate client. The firm has particularly strong experience the fields of medical and diagnostic equipment, cogeneration, and shipping.

Syndicated Loans
When a corporate client is planning a major investment in plant and equipment and the purchase is too big for a single financial institution to finance on its own, SPL arranges a syndicated loan. The lead bank works with the client to determine the structure and terms of the loan, then finds banks, leasing companies, and other financial institutions to take part in the loan, while a collateral manager is contracted to manage the collateral. This arrangement saves the client the trouble and cost of dealing on its own with all the different banks, leasing companies, and other financial institutions, and ensures the integrity of the collateral.

Transaction Financing
Important materials are needed by a corporate client in the course of production, but the client may not always have enough working capital on hand, or have enough cash for suppliers that demand payment in cash. To resolve such problems, SPL can act on behalf of a corporate client to purchase materials from suppliers (either domestic or foreign) and then resell them on easier terms to its client, taking payment whenever it is convenient for the client to pay given the state of its cash flows.

Large Equipment Leasing and Refinancing
When a corporate client plans to make a purchase of major equipment, SPL can provide a letter of credit or prepayment to the client, which then orders the equipment. Once the equipment is installed, the client then leases the equipment from SPL, and finally, a lien is created against the equipment in favor of a bank, leasing company, or another financial institution. Banks, leasing companies, and other financial institutions are often unable or unwilling to undertake so much risk, or are only willing to finance a small portion of the total purchase, but this sort of arrangement can solve that problem.