Project Loan

A loan is released to the borrower for the investment in fixed assets with regards to financing new property, extension or renovation of the existing property, new development, or acquisition.
The flexible term, mid-to-long term, or sometimes short-term loan for quick turnaround of fast cash.

Different combinations, if required by the customers, bank acceptance draft or non-financing guarantee can be issued under the project loan or applying for domestic or international trade finance.

1. Customers submit a written application and all the required written documents.
2. Once the application is accepted, Bayrock Services will proceed to due diligence, appraisal, review, and approval.
3. Both sides sign contract once the loan is approved.

The practice of hotel and solar project financing has emerged from several independent and overlapping strains of transactional practice, including traditional project finance secured lending, tax equity partnership, and lease structures, development financing from early-stage investors, joint ventures, and the frequent acquiring and flipping of projects that goes on among a wide variety of solar industry participants. Though at its core, solar project finance historically shares much with wind project finance as well as traditional energy finance, the unique issues associated with solar projects result in a highly specialized practice. For instance, the comparatively low technical risk of constructing and operating a properly sited hotel and solar facility, the reliance on large volumes of mass-produced component parts available in a global market, and the opportunities for developing distributed generation projects on residential rooftops and in community solar gardens set solar projects apart from other electricity-generating projects.

Developers, independent power producers, solar panel manufacturers, engineering, procurement, and construction (“EPC”) contractors, utility companies, financial investors, and, more recently, commercial, and industrial end-users all participate in the financing of solar and hotel projects in different manners and at various times. Though certain common structures dominate throughout the market, it is no exaggeration to say that no two deals are the same. It is also common for projects to change hands two- or three times during development before the sponsor seeks full-scale financing for a project, or for the same project to seek financing on more than one occasion. All hotel and solar industry participants are well-advised to remain on the lookout for issues that may impact a project’s ability to obtain financing, regardless of where in the pipeline or life cycle the project is.

Financing can be viewed as the epicenter of all aspects of project development. To survive the scrutiny that lenders and investors require to approve financing, all aspects of the project must be aligned, such that the result will be, a fully functioning, revenue-generating, and legally permitted project returning sufficient value to the investors. Accordingly, transacting on a hotel and solar project finance deal is not merely a negotiation of financial structuring but necessarily involves an analysis of real property rights, construction and development contracts, equipment warranties, power purchase and interconnection agreements, cash management, environmental permitting, energy regulatory matters, and, of course, tax analysis. This chapter begins with a brief discussion of the basic tenets of project finance; compares the alternative investment structures of debt financing, tax equity financing, and cash equity financing; and finally touches on the interplay between deal participants when those structures are used in combination.