A non-recourse loan (NRL) is one with recourse only to and repaid only by cash flows generated from underlying assets. This powerful and versatile financial tool continues to grow in importance and popularity among Japanese organizations. As one of Japan's market leaders in this area, Shinsei Bank's non-recourse loans help customers with the following issues:
- Off balance sheet financing
- Acquisition of real estate and other assets
- Reduction of interest-bearing liabilities
- Improvement of ROA
- Retention of controlling rights on property financed by holding equity
- Separation of real estate assets and associated valuation risk from core business operations
Shinsei enjoys a strong presence among Japanese and foreign owners and investors. Our customers comprise a wide range of real estate and asset owners, such as corporations, individuals, funds, investment advisors and hedge funds. Shinsei works with most major property types, including:
- Office buildings (rental)
- Condominiums (rental)
- Shopping centers
- Roadside shops
- Hotels
- Warehouses
- Parking lots
Non-recourse lending program
Shinsei Bank provides tailor-made non-recourse lending schemes for various types of properties. For further information, please contact the Real Estate Finance Sub-Group on 03-5511-1001.
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