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Wysłany: Pią 18:04, 21 Sty 2011 Temat postu: uggs kopen Dealer development way out _7121 |
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What is the development of dealer outlets
Will be sent to retail stores and catalog groups the user, and then sent through the postal system to order goods. Professional order processing company, for circulation to create enormous wealth. 3, United for development. Hand in regulating the market caused by the scarcity of the terminal end of today's strong business position. But with the retail industry, now the situation has begun to change. The hands of dealers and their resources also hold a products and services, then the way dealers to seek equal status is: to re-evaluate and make full use of their resources, and the terminal company to reach a new cooperation and compromise. However, this does not depend on a dealer's resources can be achieved, but the need to integrate the force. August 18, 2001, China's first agent of the Commonwealth of loose industry - Agents Association was formally established in Shanxi Province. It is different from that of the previous government-run association, the society's nature and mission, marking agents and dealers to explore their own practice has taken the first step, it has played a united distributors protect their own interests and improve the industry level, the positive role of regulating the market. Through this joint organization, Information Review and the regular meetings held to inform the credit industry retailers, operating conditions, payment ability, look for a solution for the situation, to adopt a common Project Finance is the project of the shrews of assets, expected return or interest of a secured non-recourse or limited recourse financing or loans. In recent years, China's electric power industry in the use of foreign funds in more use of project financing, but not high probability of success. As project finance is characterized by high debt,[link widoczny dla zalogowanych], limited recourse financing for banks and other creditors, the security of project financing from two aspects: one from the project itself and the economic strength; on the other hand from project participants, the credit guarantee. Under normal circumstances, the power investment projects are required to undergo a rigorous technical and economic feasibility and the national authorities of the layers of approval, therefore, the economics of the project is guaranteed. However, the project risks in the implementation process is still an objective reality, not a good economy because of the project and can be ignored, therefore, risk sharing and credit guarantee system is constructed to be the key to financial success. However, project financing is a complicated systematic project, involving a wide range, and a variety of forms, establish and improve the actual operation of credit guarantee system is very difficult. This became the practice of China's electric power project financing one of the main low success rate. First, the advantages of project financing over the past decade, project financing, the rapid rise in the world, El interest by the people's attention and favor. This attraction comes from the following areas. (A) to achieve non-recourse financing or limited recourse in the traditional non-recourse project financing,[link widoczny dla zalogowanych], when the project cash flow is insufficient,[link widoczny dla zalogowanych], the project sponsor does not directly bear any responsibility for debt settlement. In the limited recourse project financing, the lender has little recourse until the entire economic life of the project period. Such as project development only in a limited recourse stage of the initiator. Therefore, if the project's technical inspection and testing to meet the loan requirements of the economy, the project risk to stakeholders from the project sponsor's own assets, transfer of assets to the project, the project initiator has more room to engage in other projects. The project construction and operation of assets of the success or failure, the lender can recover the loan is the decisive factor. For the project sponsors, in addition to injecting some equity to the project outside the company, not to own assets to guarantee repayment of loans. (B) to achieve off-balance sheet financing for the project sponsor, if it is directly from bank loans, its debt ratio will improve and this will worsen its balance sheet, thereby increasing its cost of financing in the future. Therefore, the project sponsors are often reluctant to project debt will be directly reflected in their accounting statements, non-recourse project finance or limited recourse feature provides the possibility for this arrangement. Construction projects such as the investment structure in the establishment of a legal status of the project company, the project company responsible for the financing and construction, as long as the project sponsor's shares in the project company does not exceed a certain proportion of the financing of the project company will not be reflected in the project sponsor's balance sheet. Of course, this depends on the countries in the accounting consolidation of laws and regulations, and this appeal has begun to decline as countries mergers in the financial statements have been many breakthroughs. (C) allows a higher proportion of project finance debt could allow the project sponsor, less capital, and the high proportion of debt financing is not available in other characteristics. Acceptable debt ratio of the loan varies depending on the project. Mainly by the host country,[link widoczny dla zalogowanych], the economic strength of the project, project financing and project size
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