Equivalent loan
Equivalent loan
Given the after-tax stream associated with a lease, the maximum amount of conventional debt that the same period-by-period after-tax debt service stream is capable of supporting.
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References in periodicals archive
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The Asian Development Bank (ADB) has approved a $200 million equivalent loan to provide much-needed financing in local currency to micro, small- and medium-sized enterprises (MSMEs) in Kazakhstan.
The financing is alongside a $72 million senior loan and $22 million mezzanine loan from the European Bank for Reconstruction and Development (EBRD), and a $72 million equivalent loan from the Commercial International Bank (CIB).
Typically, the interest charged on a PS400 loan from a credit union which is paid back in a month is PS12, while the interest on the equivalent loan from a traditional payday lender is PS120 - a huge PS108 difference.
JAKARTA -- The Asian Development Bank (ADB) has approved a US$430 million equivalent loan to expand and strengthen Pakistan's national social safety net program, which is helping to lift millions of families out of poverty.
The European Bank for Reconstruction and Development (EBRD) has extended a USD3m equivalent loan to Mol Bulak Finance for on-lending to micro and small enterprises (MSEs) in the Kyrgyz Republic, the Banking Business Review has reported.
Sindh: The ADB Board of Directors also approved a $120 million equivalent loan from ADB's concessional Asian Development Fund for the second phase of the 3-phase Sindh Growth and Rural Revitalization Program.
ADB's Board of Directors has approved a $28 million equivalent loan and $22 million grant from its concessional Asian Development Fund for a second rehabilitation project on the Bishkek-Torugart Road.
An equivalent loan could cost as little as seven per cent, depending on your credit record.
5 million equivalent loan to support the transfer of Japanese car manufacturing technologies to Russia.
The proposed IFC investment is a US$10 million equivalent loan for IFCs own account.
97 per cent, while the equivalent loan fixed for 10 years is reduced by 0.
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