Kontraktsfinansiering

Kontraktsfinansiering, often translated as contract financing or project financing, is a method used to fund a specific project or contract. It involves a financial arrangement where a lender provides funds to a borrower based on the borrower's ability to secure a contract or project that will generate revenue. The repayment of the loan is typically tied to the cash flows generated by the financed contract or project, rather than the general assets or creditworthiness of the borrower.

This type of financing is commonly employed in industries such as construction, infrastructure development, and energy projects, where large capital outlays are required for projects with well-defined scopes and predictable revenue streams. The financing structure often involves a special purpose vehicle (SPV) that is created solely to undertake the project and manage its associated financing. This isolates the project's risks from the borrower's other operations.

Key elements of kontraktsfinansiering include the identification and assessment of the underlying contract's viability, the cash flow projections from the project, and the legal framework that secures the lender's interest. Lenders typically conduct thorough due diligence to evaluate the project's technical feasibility, economic soundness, and the creditworthiness of the parties involved in the contract. Risk mitigation strategies are crucial, and often include guarantees, insurance, and covenants that protect the lender's investment.