Under consortium financing, several banks (or financial institutions) finance a single borrower with common appraisal, common documentation, joint supervision and follow-up exercises, these banks have a common agreement between them, the process is somewhat similar to loan syndication.
Government backed financing is financing that has the promise of the government standing behind it. It is different from private investor financing or bank backed financing.
benefit of debt and equity financing
They are equity financing and debt financing.
The main difference between loan syndication and consortium finance is that syndication is done based on common terms between the lender and borrower. Consortium finance has to be arranged by the borrower, such as when one bank cannot accommodate the entire loan amount.
What are the advantages and disadvantages for AMSC to forgo their debt financing and take on equity financing?
Consortium Lending is that type of lending in which two or more banks come together to finance the big projects requiring huge amount of money. Consortium lending is usually done by banks to distribute the risks among the group of banks ,it is also used by smaller banks to use as an opportunity to be a part of the big project financing and to gain expertise in this area. Big banks by resorting to consortium lending not only saves their prospective customers but also builds good relations with other banks.
Cutter Consortium was created in 1986.
Atlas Consortium was created in 2005.
London Consortium was created in 1993.
ACAC consortium was created in 2002.
WIDA Consortium was created in 2002.
The plural of consortium can be either consortia or consortiums.
The building was purchased by a consortium of investors.
British Retail Consortium was created in 1992.
New Media Consortium was created in 1993.
Consortium for School Networking was created in 1992.
Consortium of Humanitarian Agencies was created in 1997.