CRITERIA

We work with major corporations and governments, where security is covered by acceptable guarantees, PPI, undertakings, or bank guarantees from an acceptable major bank.

One of the primary advantages of project financing is that it provides for off-balance-sheet financing of the project, which will not affect the credit of the shareholders or the government contracting authority, and shifts some of the project risks to the lenders in exchange for which the lenders obtain a higher margin than for normal corporate lending.

Project finance is the financing of long-term infrastructure, industrial projects and public services using a non-recourse or limited recourse financial structure. Project financing is a loan structure that relies primarily on the project’s cash flow for repayment, with the project’s assets, rights, and interests held as secondary collateral.

APPLICATION / ASSESSMENT TIME:

AROUND 7 to 14 days.

Project Assistance Strategy: We require a certain amount of essential documentation for compliance assessment and viability. Our funding is targeted for large commercial and government projects.

These projects may include commercial property, factory production,energy, infrastructure, and education, medical and other major projects.

PROCESSING TIME:

6 to 12 weeks

Assessment, Verification, Qualification: The assessment and verification phase could take up to 2 weeks. Standard international banking compliance is applied. The authenticity and viability of the project is assessed and development strategies are analyzed. Projects with a maximum economic
advantage are taken into consideration.

depending

on the project complexity

Preparation of Documents: Final reporting and document collation is prepared.Formal and professional applications are prepared, conforming to the bank policy and criteria concerned.

Appraisal, Assessment: The formal application may take between 1 to 2 weeks depending on the project and financial institution or bank concerned. Assessment of project managers, accountability, financial,cash-flow and project development factors are assessed. Draft documents are prepared.

REQUIRED DOCUMENTATION:

1. Completed APPLICATION FORMS - submitted for assessment and compliance.

2. PROJECT DETAILS: - Executive Summary, Business Plan, and Feasibility Study.

3. Funding needs: Cash-Flow Analyses, Turnover and Profit expectations.

4. Corporate registration documents and Articles of Association.

5. Copy of Passport of applicants / directors.

6. List of shareholders greater than 5% shareholding.