Special Purpose vehicle/company, this term is usually used for companies that do not have regular business activities, but they were established for certain purpose like construction and renting the commercial real estate. This is in favor of their Creditors, because this helps to fully ring-fence the transaction via creating the mortgage, pledging the trade receivables and accounts from rents, pledge the insurance policy and this structure keeps the Debt isolated from other potential Creditors, so that provider of Bank debt can be safe and can benefit from all available assets in the SPV (does not need to share with other Creditors).