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Signed in as:
filler@godaddy.com
1-Project Funding :
MLMBD’s services offer potential Clients the opportunity to receive tailor-made financing solutions with favorable terms and conditions engineered for success.
1-The minimum Funding amount to be requested is 100 Million USD/EUR.
2- A 35% guarantee per year's drawdown amount must be provided to the funder via SWIFT. The Guarantee is for one year and one day.
STEPS OF PROCEEDING
2(a) Once we have received the complete file for the project.
We will analyze the file and determine if it's viable and bankable
2(b) We will issue a pre-approval letter for the project.
(2c) We will need an RWA from your bank addressed to you and CC to us.
(2d)The Funder will issue the Term Sheet and the Bank to Bank communication.
TERMS OF BORROWING
3-The loan period can be from 5 – 25 years.
4-There is a four-year holiday period – no repayment will be made for these four years.
5- Interest range from 1% to 3% per annum.
6- Once the Bank Guarantee is verified, funding starts within 21-30 business days after the contract signature.
7. Funding will commence with the first payment tranche towards the project and then every month after that as per the pre-agreed project payment schedule – until the project has been completed.
2-Banking Funding or Banking Capitalization:
MLMBD’s International Funder has presented an opportunity for the local African banks to obtain a credit line f project finance. The credit line is offered to these local banks in Africa based on the following terms and conditions:
1. The local bank may apply for a credit line for a minimum amount of US$ / EUR 100,000,000.00 (One Hundred Million United States Dollars / EUROS
2. The local bank must be able to provide a Bank Guarantee with a minimum value of 35% of the proposed project.
3. The Guarantee must be valid for one year and be transmitted by Swift to the Funders Bank.
4. Repayment period is between 15 and 25 years.
5. The local bank will benefit from a four-year grace period during which it will not be subject to any repayment obligation.
6. The bank guarantee draft verbiage and procedures attached hereto.
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