Talk to us about our Term Loan Product and let us be your solution:
Eligible investment sectors:
- Agriculture & Forestry
- Manufacturing
- Wholesale & Retail Trade
- Hotels & Restaurants
- Transport, Storage & Communication
- Financial Intermediation
- Real Estate & Business Services
- Public Admin & Defense
Our Loan Conditions |
|
| Minimum Loan Amount | $ 1,000,000 |
| Securities |
Registrable Securities approved by the FNPF Board It can be any of the following:
|
| Term |
5 to 30 years Interest only period during the construction is available. |
| Offer | Valid for 30 days. |
| Cost | All costs associated with the project to be borne by the borrower. |
| Valuation | Valuation is to be conducted every 5 years by the Fund’s approved panel of valuers reflecting the value of development |
| Financials | Annual projections & Audited Accounts |
Our Fees and Charges
| Our Fees and Charges | |
| Our Fees and Charges |
|
One-Off Establishment Fee |
|
| $1,000,000 to $20,000,000 | |
| Above $20,000,000 to $ 40,000,000 | |
| Above $40,000,000 to $80,000,000 | |
| Above $80,000,000 | |
Commitment FeesTo be charged where Credit Facility is not drawn during the following period: |
|
| From date of execution until first drawdown | |
| From commencement of first drawdown until final drawdown | |
| For undrawn loans that has been approved but remains undrawn after a period of 6 months. A fee of 0.5% p.a is to be charged 6 months after offer accepted until funds are drawn. | |
| Settlement Fee |
|
| Legal Cost |
|
The FNPF Board reserves the right to waive any fees and charges at its discretion.
Information Guideline
The following information are to be incorporated in your project proposal:
- Company Background
- Ownership structure
- Background of Directors
- Audited Financial Accounts for the past 3 years.
- Business Plan – Vision, Strategy of the project, Marketing and Sales Strategy
- Succession Planning
- Project Background
- Structure of team including qualification, experiences and references.
- Project Cost.
- Feasibility/Market study conducted by an Independent professional.
- Funding Structure
- Equity Portion
- Debt Portion
- Finance Details
- Long Term
- Interest Sought
- Future Projections
- During Construction
- After commencement of Operations
Contact Us
Call (+679) 3307811
Monday – Thursday 08:30 a.m to 05:00 p.m (FJT)
Friday 08:30 a.m to 04:30 p.m (FJT)
