Non-Recourse Financing – Definition + Features

Non-recourse financing is a financing concept in which several project participants pursue an investment project and as a rule, lenders can only access their creditworthiness in the amount of equity contributed by the project promoters (non-recourse = ” recession-free “). Characteristics Non-recourse financing is characterized by three features: Cash flow- related lending: All obligations (including

3 Reasons Why We Shop Impulsively

One of the most frequently appreciated joyful moments in everyday life for many people is shopping. We are not talking about the obligatory weekly activity that each of us does in a habit. This is not the moment when we have to go to a nearby bread, milk, tea or coffee shop. No. We are