Production payment financing

A method of nonrecourse asset-based financing in which a specified percentage of revenue realized from the sale of the project's output is used to pay debt service.

Production Payment Financing

An unsecured debt or line of credit for a business project in which a certain percentage of proceeds from the project's sales are devoted to debt service. For example, if a business borrows $100,000 to expand its widget production, a percentage of the revenue from the sales of the extra widgets is given to the bank until the debt is settled. Because there is no asset securing the debt when it is borrowed, the lender has no recourse in case of default.

单词	production payment financing
释义	Production payment financing Production payment financing A method of nonrecourse asset-based financing in which a specified percentage of revenue realized from the sale of the project's output is used to pay debt service. Production Payment Financing An unsecured debt or line of credit for a business project in which a certain percentage of proceeds from the project's sales are devoted to debt service. For example, if a business borrows $100,000 to expand its widget production, a percentage of the revenue from the sales of the extra widgets is given to the bank until the debt is settled. Because there is no asset securing the debt when it is borrowed, the lender has no recourse in case of default.
随便看	have one's eye have (one's) eye on have one's eye on have one's eye on something have one's eye out for have one's eyes glued to have (one's) eyes glued to (something) have one's facts straight have one's feelers out have (one's) feet on the ground have one's fill have one's fill of have (one's) fill (of something) have one's fill of something have one's finger in the pie have (one's) finger in too many pies have one's finger in too many pies have one's finger on the button have (one's) finger on the pulse have one's finger on the pulse have (one's) fingers burned have (one's) fingers crossed have one's fingers crossed have (one's) fingers in the till have one's fingers in the till