FUNDING
For the Bank to consider a project, the dossier to be submitted must include the following:
- a formal request for funding (letter, telex, fax…) from the project proponent stating the amount and the desired form of intervention (loan, refinancing facility, equity investment…);
- a detailed project design study covering the following aspects: market, project organization and management, technical and financial and possibly economic aspects
The project appraisal for its possible financing requires additional documentation and information as below:
- the last three years’ activity reports and audited financial statements, if this involves a modernization, expansion and rehabilitation project;
- the auditor’s report in case of equity investment in respect of a capital increase;
the technical and financial references of the technical, financial or business partner, as applicable; - the valuation reports on existing property in case of contribution in kind or proposed buyout of existing companies;
- the bank details;
- the articles of incorporation and other basic texts;
- the guarantees proposed.
FORMS OF INTERVENTION
The Bank intervenes in various forms:
- Medium and long-term loans;
- Equity investment in the share capital of companies or national financial institutions (NFls);
- Financing of short-term operations;
- Financing of project feasibility or engineering studies;
- Assistance to small and medium-sized enterprises (SMEs) through:
- lines of credit in order to contribute to the financing of micro-projects and the development of SMEs;
- specialized comprehensive packages;
- refinancing framework agreements;
- leasing;
- credit or refinancing facilities to national financial institutions (NFls);
- Easing of credit conditions through interest allowance for projects in the non-commercial sector;
- Assistance in project preparation, promotion and implementation;
- Guarantees of bond loans;
- Financing arrangements for projects;
- Financial advisory services.
Download the Practical Guide For Private Economic Operators 2015