7 Factors can facilitate the process of project funding through alternative methods – bank loans – both direct loans and private placements through bonds purchased by the banks directly from local governments via the private bank loan market.
With fewer disclosure requirements and issuance costs, a faster execution process and competitive interest rates, the advantages are clear for getting the needed funding filled quickly and efficiently.
Private placements and direct loans have recently been very appealing to banks for the following reasons:
– Higher profits when banks loan to municipal governments
– Regulatory changes that encourage banks to invest in municipal debt
– Ease at converting existing letters of credit to bank loans.
7 Factors. Securing Your Transactions. Securing Your Future.