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Non-Recourse Finance
(redirected from Non Recourse Finance)

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Non-Recourse Finance
A loan where the lending bank is only entitled to repayment from the profits of the project the loan is funding, not from other assets of the borrower.

Notes:
These types of projects are characterized by high capital expenditures, long loan periods, and uncertain revenue streams. Analyzing them requires a sound knowledge of the underlying technical domain as well as financial modeling skills.
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