Michael Quackenboss
Director of the Loan Repayment Monitoring Department
The refinancing loan is designed for repayment of liabilities arising from investment or working capital credit facilities or for refinancing investment outlays.
The refinancing loan may serve several purposes at the same which means that it may be designed in part for refinancing investment credit facilities and working capital credit facilities as well as investment outlays. In such case the loan should be defined as a consolidation loan.
The benefits from refinancing credit liabilities at Meridian Capital Enterprises Ltd.:
It allows for optimising the cost of third party’s capital by replacing the bank credit facilities bearing higher interest rates with loans from Meridian Capital Enterprises Ltd. bearing lower interest rates.
Refinancing of bank credit facilities allows also the financial liquidity to be improved owing to the possibility of converting short-term credit facilities with long-term loans at Meridian Capital Enterprises Ltd. It contributes to maintaining financial liquidity at the enterprise and taking rational business decisions.
At Meridian Capital Enterprises Ltd., the enterprises may combine various forms of financing by:
Director of the Loan Repayment Monitoring Department
The refinancing loan is designed for repayment of liabilities arising from investment or working capital credit facilities or for refinancing investment outlays.
The refinancing loan may serve several purposes at the same which means that it may be designed in part for refinancing investment credit facilities and working capital credit facilities as well as investment outlays. In such case the loan should be defined as a consolidation loan.
The benefits from refinancing credit liabilities at Meridian Capital Enterprises Ltd.:
- the possibility of transferring liabilities under numerous credit facility agreements to a single financing institution,
- the possibility of lowering the margin compared with bank margins,
- the possibility of renegotiating the terms and conditions of collaterals for the loans granted
- the possibility of changing the schedule of repayment of the liabilities which means that the amount of instalments and their frequency may be altered
- the possibility of changing the term of financing which means that this term may be extended
- the possibility of recovering own funds designed for investments and allocate them to serve another purpose
It allows for optimising the cost of third party’s capital by replacing the bank credit facilities bearing higher interest rates with loans from Meridian Capital Enterprises Ltd. bearing lower interest rates.
Refinancing of bank credit facilities allows also the financial liquidity to be improved owing to the possibility of converting short-term credit facilities with long-term loans at Meridian Capital Enterprises Ltd. It contributes to maintaining financial liquidity at the enterprise and taking rational business decisions.
At Meridian Capital Enterprises Ltd., the enterprises may combine various forms of financing by:
- the investment loan,
- the working capital loan,
- the refinancing loan.
