Art. 120

(Art. 103 para. 1 CISA)

1. Risk capital is generally used for the direct or indirect financing of companies and projects in the basic expectation of generating above-average added value, coupled with the above-average probability of making a loss.
2. Financing may take the following specific forms:
   1. equity capital;
   2. borrowed capital;
   3. mixed forms of equity and borrowed capital such as mezzanine financing.