Project Financing
Project Financing is a service to mobilize capital, using the project asset as the collateral and the project cash-flow as the means to repay the loan.
Toyo-Korea analyzes and reviews the financial conditions of the project as per Client's request and support optimization of financing scheme. Export Financing through Korea Eximbank had been utilized and the conditions are as follows:
- up to 85% of export contract price
- Currency: International currency
- Loan Period: 10~15 years from delivery of export item
- Interest rate: In principle, according to Commercial Interest Reference Rate(CIRR)
- Repayment: Periodic piece-meal repayment of at least 2 times per year after delivery of export item
If necessary, commercial bank loan can be arranged through Mitsui & Co., LTD.