Before making a borrowing decision, understand the important concepts and questions. The following guide is a general explanation, not a personalized lender offer.
Match structure to the purpose
Large projects, ongoing working capital and trade cycles often require different facility design. An appropriate structure considers repayment sources and timing.
Understand lender considerations
A lender may review financial statements, cash-flow projections, leverage, security, management profile and credit rating where relevant.
Pay attention to covenants
Financial covenants, reporting requirements and other conditions can affect future flexibility. Seek qualified financial and legal input for complex structures.
This article is educational, not personalized financial, tax or legal advice. Lender rules, interest rates and applicable requirements can change; confirm the current terms with a regulated lender and a qualified professional.