Private Non-Recourse Capital for Projects | NNRV Trade Partners

Private Non-Recourse Capital for Projects & Corporate Growth

Institutional funding solutions based on bank instruments and structured monetization, delivering one-time non-recourse capital for qualified projects, without equity dilution and without traditional bank debt.

Ticket Size: 10M – 500M+ USD
Instrument: Cash-Backed SBLC / BG
Structure: Non-Recourse / One-Time Payout
Use of Funds: Projects & Corporate Expansion

Important: This is a private, invitation-only funding solution. It is not a retail product, not a public offering and not investment advice. All transactions are subject to full compliance, due diligence, and contractual approval by all parties.

Institutional-Grade Funding Outside Traditional Bank Lending

NNRV Trade Partners connects qualified project owners, corporates and institutions with private non-recourse funding structures based on cash-backed bank instruments. The objective is simple: provide significant, one-time capital for strategic projects, without creating classical long-term bank debt or diluting ownership.

You receive a single large capital tranche, non-recourse.
No amortization schedule. No personal guarantees. No equity dilution. The funding is linked to the instrument, not to your future cash flows.

This solution is designed for serious, well-structured projects that require 8–9 figure tickets, strong governance and a clear economic rationale: infrastructure, energy, industrial expansion, logistics, real estate, public-private partnerships and more.

Non-Recourse Capital
Instrument-Based Funding
No Equity Dilution
Global Eligible Jurisdictions

What Makes This Non-Recourse Funding Solution Unique?

1. Bank-Instrument Backed

A cash-backed SBLC or BG is issued by a rated bank and used as collateral at institutional finance desks. The funding you receive is linked to the face value of the instrument, not to your current P&L or credit scoring.

2. One-Time Non-Recourse Payout

After monetization, you receive up to a defined percentage of the face value as a single capital tranche. This is non-recourse funding: there is no obligation to repay that tranche from your future cash flows.

3. No Equity, No Silent Partners

The structure does not require equity participation, board seats, or silent shareholder arrangements. You remain in full control of your corporate structure and decision-making.

4. Institutional Process

The process follows a strict institutional path: compliance, DOA (Deed of Agreement), SWIFT procedures, paymaster escrow and legal oversight. NNRV Trade Partners acts as structuring and relationship manager throughout.

How the Private Non-Recourse Capital Solution Works

1 Qualification & Pre-Analysis

You submit an initial project profile and corporate information. NNRV reviews eligibility criteria, target ticket size, jurisdiction, and the type of bank instrument required.

  • CIS/KYC of the corporate entity and beneficial owner(s)
  • Company registration documents
  • Project summary or corporate growth plan
  • Proof of Funds (where relevant) or bank support
2 Compliance & Structuring

A dedicated compliance desk assesses the project, corporate structure, and source of funds. Based on this assessment, an indicative structure is defined (face value of the instrument, expected non-recourse payout, and indicative timelines).

3 Allocation of Cash-Backed Instrument

For approved files, a rated bank issues a cash-backed SBLC or BG, typically with a term of 1 year + 1 day. The instrument is transmitted by SWIFT MT760 and serves as collateral at institutional finance desks.

4 Institutional Monetization

The finance desk uses the instrument to access institutional credit lines and/or structured financial operations. At this stage, the instrument is effectively “monetized” within the agreed LTV framework.

5 Non-Recourse Capital Payout

Once monetization is completed and all conditions are met, you receive a one-time non-recourse capital payout (up to a defined percentage of the face value) via licensed paymaster / escrow.

  • Payment typically in USD or major international currency
  • Single payout, non-recourse
  • Instrument returned unencumbered at maturity
6 Project Deployment & Reporting

Funds are then deployed to your project or corporate strategy according to your own governance and regulatory framework. You remain responsible for all local compliance, tax and reporting obligations.

Illustrative Non-Recourse Funding Scenarios

The figures below are indicative examples showing how a non-recourse funding tranche may look in relation to the face value of the instrument. Exact economics are always defined in the official terms sheet and DOA.

Face Value SBLC / BG Approximate Hard Cost Indicative Non-Recourse Payout
49,000,000 USD 300,000 USD ≈ 9,800,000 USD
99,000,000 USD 550,000 USD ≈ 19,800,000 USD
199,000,000 USD 1,000,000 USD ≈ 39,800,000 USD
499,000,000 USD 1,900,000 USD ≈ 99,800,000 USD
999,000,000 USD 3,000,000 USD ≈ 200,000,000 USD

These scenarios are purely illustrative and do not constitute an offer. Final terms depend on the instrument, bank, jurisdiction, risk assessment and the specific funding framework agreed between all parties.

Why Project Owners & Corporates Choose This Solution

01 • Non-Recourse

Funding Without Classic Repayment

You receive a one-time capital tranche that is not repaid as a traditional loan. This can significantly change the way your balance sheet and risk profile are structured.

02 • No Equity Dilution

Keep Control of Your Company

There is no requirement to give up shares, board seats or options. The structure is collateral-based, not ownership-based.

03 • Large Ticket Capacity

10M – 500M+ USD

Designed for serious projects: infrastructure, energy, real estate, industrialization, logistics, tech, mining and more.

04 • Institutional Framework

SWIFT, Paymaster & Legal Oversight

The process follows institutional standards: DOA, SWIFT messaging, licensed paymaster and international legal coordination.

05 • Global Reach

Multi-Jurisdiction Capability

Projects can be located in Africa, Europe, the Americas, the Middle East or Asia, subject to sanctions and risk policies.

06 • Structured Support

NNRV as Your Structuring Partner

NNRV helps you understand each step, prepare documentation, and align expectations between you and institutional partners.

Core Documentation & Eligibility Criteria

Required Documentation

  • Corporate CIS / KYC (signed)
  • Company registration & articles of incorporation
  • Passport of authorised signatory
  • Project profile or corporate growth plan
  • Recent Proof of Funds or bank comfort (where applicable)

Typical Eligibility Profile

  • Established company or institution with clear governance
  • Project size aligned with 10M+ USD funding
  • Clean KYC/AML profile and traceable capital
  • Jurisdiction not under sanctions lists (OFAC, FATF, etc.)
  • Ability to work with international legal and banking standards

Who This Non-Recourse Capital Is Designed For

This solution is not for small working capital needs. It is designed for strategic projects and institutions that require substantial capital to unlock long-term value.

  • Government and municipal infrastructure projects
  • Energy (renewables, power plants, transmission)
  • Industrial & manufacturing expansion
  • Commercial and mixed-use real estate developments
  • Transport, ports, logistics and corridors
  • Agri-business & agro-industrial platforms
  • Healthcare infrastructure and hospital networks
  • Education campuses and research infrastructure
  • Data centers and strategic technology platforms
  • Mining, resources and strategic commodities projects

NNRV Funding Workflow – From File to Payout

  • 1. Pre-Qualification & NDA: Initial exchange, high-level project review, NDA if required.
  • 2. CIS/KYC & Dossier: Submission of corporate and project documents.
  • 3. Compliance Screening: Risk, sanctions and structural assessment.
  • 4. Term Sheet (ITS): Irrevocable Terms Sheet stating indicative economics.
  • 5. DOA Execution: Signing of Deed of Agreement between relevant parties.
  • 6. Hard Cost / Setup: Where applicable, setup costs are paid to licensed paymaster.
  • 7. Instrument Issuance: Cash-backed SBLC/BG issued and sent via SWIFT MT760.
  • 8. Monetization: Institutional desks use the instrument within defined framework.
  • 9. Non-Recourse Payout: Funds released via paymaster to the client.
  • 10. Instrument Return: Instrument released unencumbered at maturity.

Key Disclaimers, Risks and Governance Considerations

  • No guarantee: There is no guarantee that a file will be accepted, nor that a specific LTV or payout will be approved. Each case is assessed individually.
  • Regulatory responsibility: You remain fully responsible for compliance with laws, regulations and tax rules in your own jurisdiction.
  • Change of terms: Indicative terms can evolve based on market, bank policy and risk assessments up to the signing of definitive agreements.
  • No public offering: This solution is strictly private and not a solicitation to the general public or retail market.
  • NNRV’s role: NNRV Trade Partners acts as a structuring intermediary and relationship manager, not as a bank, lender or financial institution.

Nothing on this page constitutes legal, tax or investment advice. All potential clients should consult independent professional advisors before entering into any agreement.

How Institutions & Project Owners Experience the Process

The following testimonials are illustrative and anonymised. They highlight how professional stakeholders perceive the structure, process and support, without implying any guaranteed results.

Infrastructure Fund – Europe
Transport Corridor
★★★★★

The non-recourse structure allowed us to secure a large capital tranche without impacting our main banking lines. The process was demanding but clearly institutional.

Focus: Balance Sheet Impact
Energy Developer – Africa
Renewable Cluster
★★★★☆

NNRV helped us understand each step and align our documentation with institutional expectations. The clarity around roles and risk was essential.

Focus: Structuring Support
Family Office – Middle East
Strategic Real Estate
★★★★★

The no-equity, non-recourse logic was a perfect complement to our other investment lines. It preserved governance while unlocking capital.

Focus: Governance Preservation
Industrial Group – LATAM
Plant Expansion
★★★★☆

What we appreciated most was the transparency around what is possible and what is not. Expectations were managed from day one.

Focus: Transparency
Public Entity – West Africa
Social Infrastructure
★★★★★

The structure offered an alternative to sovereign debt and classic PPPs. Legal coordination was critical and handled professionally.

Focus: Public Sector Use
Logistics Group – Europe
Port & Storage
★★★★☆

The process took time and discipline, but the end result provided a unique capital solution we could not access via normal banking channels.

Focus: Alternative Capital
Healthcare Operator – Asia
Clinic Network
★★★★★

The documentation standards were high, which reassured our board and auditors. NNRV translated financial language into operational realities.

Focus: Documentation Quality
Agri-Business – East Africa
Processing Hub
★★★★☆

We valued the fact that risks and constraints were clearly presented from the beginning, not hidden behind promises.

Focus: Risk Clarity
Tech Platform – North America
Data Center
★★★★★

Non-recourse capital for a strategically important asset allowed us to accelerate deployment without diluting our cap table.

Focus: Cap Table Protection
Mining Project – Southern Africa
Resource Development
★★★★☆

Complex projects require clear partners. The multi-step process made sense once mapped, and support was consistent throughout.

Focus: Complex Projects
Education Group – Europe
Campus Expansion
★★★★★

Being able to structure capital without adding classic bank debt aligned with our mission as a semi-public institution.

Focus: Mission Alignment
Municipal Entity – Central Europe
Urban Renewal
★★★★☆

The framework is clearly not for everyone. But for the right project, it provides a rare combination of size and flexibility.

Focus: Selective Access
Strategic Investor – Global
Multi-Asset Portfolio
★★★★★

We appreciated that NNRV framed this as one tool among others, not as a magic solution. That level of intellectual honesty is rare.

Focus: Intellectual Honesty
Corporate Group – India
Diversified Operations
★★★★☆

The structuring work forced us to clarify our own governance and reporting. The discipline was beneficial beyond the funding itself.

Focus: Governance Discipline
Confidential Client
Global
★★★★★

The process is serious, time-consuming and technical. That is precisely why we consider it a credible institutional channel, not just marketing.

Focus: Institutional Tone

20 Key Questions About the Non-Recourse Funding Solution

1. Is this a traditional bank loan?
No. This is not a classic amortizing loan. It is a private, non-recourse capital structure based on the monetization of a bank instrument. You receive a single funding tranche linked to the face value of the instrument, without a traditional repayment schedule.
2. What does “non-recourse” mean in this context?
Non-recourse means the capital you receive is not repaid like a normal loan from your future cash flows. The risk is primarily attached to the bank instrument and the underlying structure, not directly to your operational revenues. You remain responsible for your own legal and tax obligations.
3. Do I have to provide equity or give up shares?
No equity participation is required in the funding structure itself. You are not requested to give up ownership, board seats or options as part of this capital mechanism, unless you decide to combine it with your own separate equity arrangements.
4. What type of bank instrument is used?
Typically a cash-backed Standby Letter of Credit (SBLC) or Bank Guarantee (BG) issued by a rated bank (AA / Tier-1 or equivalent). The exact instrument, bank and wording are defined in the term sheet and DOA.
5. Who issues the SBLC/BG?
The instrument is issued by a bank selected within the financial structure, usually in Europe or Asia. It is not issued by NNRV. NNRV coordinates with the relevant desks and legal teams but is not itself a bank or issuer of financial instruments.
6. Are leased instruments accepted?
In many cases, only cash-backed instruments issued under specific conditions are accepted. “Platform” or low-quality leased instruments are typically not suitable. Eligibility is always confirmed during structuring and compliance review.
7. What is the typical ticket size?
The framework is generally relevant for ticket sizes above 10M USD, with many projects falling into the 50M–500M+ USD range. Smaller amounts are usually not efficient or realistic in this structure.
8. How long does the process take?
Timelines vary according to compliance, bank workflow, jurisdiction and project complexity. Realistically, you should consider several weeks to a few months from initial pre-qualification to final non-recourse payout, assuming all parties cooperate and documentation is complete.
9. Are there any upfront costs?
In many structures, there are hard costs associated with the issuance of the instrument and legal setup. These are typically handled via licensed paymaster and clearly defined in the DOA. NNRV will always clarify what is and is not required before you commit to anything.
10. What is NNRV’s exact role?
NNRV Trade Partners acts as a structuring intermediary and relationship manager: explaining the process, pre-screening projects, coordinating with institutional partners, and helping align expectations and documentation. NNRV is not a bank, not a lender, and not a paymaster.
11. Can this funding be combined with other instruments?
Yes. Many clients use non-recourse funding as one layer within a broader capital stack that may also include equity, classic debt, grants or PPP frameworks. However, each structure must be compatible with the legal and risk tolerances of all parties involved.
12. Are there restrictions by country or sector?
Yes. Projects in sanctioned jurisdictions or in sectors incompatible with partner bank policies will not be eligible. A preliminary screening is always done to avoid wasting time on non-viable cases.
13. Do you support early-stage or start-up projects?
This solution is more suited to structured entities with governance, track record and the ability to manage large capital responsibly. Very early-stage or concept-only projects are generally not appropriate, unless supported by strong institutional partners or guarantees.
14. How confidential is the process?
All serious cases are handled under strict confidentiality protocols. NDAs can be put in place where necessary. However, financial institutions must still perform full KYC/AML and may request detailed information to comply with their legal obligations.
15. What kind of business plan is required?
You do not necessarily need a “marketing” business plan, but you do need a clear, coherent project profile with realistic assumptions, governance structure, and measurable use of funds. The goal is to demonstrate seriousness and structural viability, not to produce a glossy brochure.
16. Can individuals apply, or only companies?
This solution is primarily designed for corporate entities, project SPVs, institutions and public bodies. High-net-worth individuals may be involved as beneficial owners, but the operating vehicle is usually a company or structured entity, not a private person acting alone.
17. Is the funding insured or guaranteed?
There is no guarantee that funding will be granted to a specific file. Once agreements are signed and the structure is in place, the obligations between parties are governed by contract, banking procedures and applicable law. You should always review risks with independent counsel.
18. Can I use the funds for any purpose I choose?
Use of funds must be aligned with the project description and contracts agreed with institutional partners. Material deviation from the agreed purpose may breach covenants or raise regulatory issues. Clarity and honesty about your intentions are essential from the beginning.
19. What happens if my file is declined?
If your file is declined at pre-qualification or compliance stage, it simply means this specific solution is not appropriate for your context. NNRV can sometimes indicate why, and in some cases suggest alternative directions, but there is no obligation to do so.
20. How do I start the conversation with NNRV?
You can start by sending a brief introduction of your company and project, along with your preferred ticket size and jurisdiction, via WhatsApp or email. If your profile appears compatible, you will be invited to a confidential call and guided through the pre-qualification steps.

Ready to Explore Private Non-Recourse Funding With NNRV?

If you manage a serious project or corporate growth strategy requiring 8–9 figure capital and want to explore how non-recourse funding could fit within your structure, you can contact NNRV Trade Partners confidentially via WhatsApp or email.

WhatsApp: +1 514 581 2469 (click the button above to open a direct chat).
Email: info@nnrvtradepartners.com
Please avoid sending confidential documents before a basic compatibility check.

WhatsApp Direct

Ideal for a first, informal contact. You may briefly introduce your company, project type, country and target funding range.

Email – Compliance Desk

Recommended for sending structured information and documentation after pre-qualification. Please avoid very large attachments in your first message.