8 Lending Terms That Every Entrepreneur Must Know

By Jared Hecht If you’re just beginning your hunt for business financing, you’re likely knee-deep in unfamiliar terms and lending jargon. And it’s enough to make even the most eager entrepreneur feel overwhelmed. Don’t continue your search without reviewing a few of the essential terms you need to know to make an informed decision about financing your…

Switching Aircraft To Be Used As Collateral To Secure Qantas Airline $350M Loan

By: Reuters Qantas Airways is raising A$350 million ($272 million) from a loan that allows it to switch the types of aircraft used as collateral, in what bankers and analysts said is the world’s first aviation financing of this type. The loan is the first of a series under a loan facility programme set up by…

Letter of Credit needed to back new electricity generation plants in Nakuru County

By Macharia Kamau The Government is looking for a bank to back three firms awarded the tender to construct new electricity generation plants in Nakuru County. The selected bank will issue a letter of credit to the three independent power producers, bringing the geothermal power project back on track after years of waiting. Quantam Power…

Singapore exploring use of blockchain to link National Trade Platform to trade platforms in other countries

By Priyankar Bhunia Mr. Ravi Menon, MD of MAS was speaking at a blockchain conference in India, organised in India by FinTech Valley Vizag, an initiative of the state government of Andhra Pradesh. In a keynote address on October 9, 2017, at Global Blockchain Business Conference[1] in Vishakhapatnam (India), Mr. Ravi Menon, Managing Director of the Monetary Authority of Singapore…

Ukraine: Further liberalization of capital controls (dividends and letters of credit)

Cameron McKenna Ukraine On 13 April 2017, the National Bank of Ukraine (the “NBU”) issued Regulation No. 33 (“Regulation No. 33”) amending certain existing NBU Regulations regarding currency controls. Regulation No. 33 is part of the on-going liberalisation of capital controls ultimately aimed at improving the business environment in Ukraine. Repatriation of dividends for 2016…

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