Investment Credit

The investment loan is a credit that allows the client to be supported in their development. This medium-term loan is used to finance various types of assets, whether it is the construction or fitting of professional buildings, equipment, or machinery.

Advantages

  • Realize investment projects with peace of mind
  • Finance the development needs of businesses

Characteristics

Company with a turnover <= 1 Billion XOF

Maximum amount (million XOF)

500 million XOF if turnover < 1 billion XOF

Repayment duration

Maximum 3 years

Interest rate (excluding taxes)

From 11% to 12.5%

Documentation

  • BIC form
  • Properly completed heritage form
  • Headquarter location plan
  • Manager's CV
  • Client's request expressing the need
  • Acquisition quote or pro-forma
  • Projected operating account
  • Approved or certified financial statements or General balance sheet for new companies
  • Commitments statement (Certificate of non-liability or liability depending on the case)
  • Report from the statutory auditors (if legally required)
  • Copy of the ID card of the spouse or partner if married under the community of property or supporting document if married under the separation of property

Company with a turnover > 1 Billion XOF

Medium term

  • Interest rate: varies between 7 to 12% excluding taxes
  • Duration: From 36 to 120 months (03-15 years)
  • Amount: maximum of 8 Billion

Long term

  • Interest rate: varies between 6% and 10%
  • Duration: from 84 to 120 months (07-10 years)
  • Amount: maximum of 8 Billion

Repayment: monthly, quarterly, or semi-annually / Amortizable interest

Documents to provide:

  • Business plan to assess the economic coherence of the investment project;
  • Projected operating account;
  • Financing plan;
  • Borrower's self-financing share;
  • Supporting documents such as pro-forma invoices;
  • Qualitative information about suppliers (equipment quality, reputation, etc.)

Guarantees:

Real guarantees: mortgage, bank guarantee, pledge of DAT, equipment, etc...; Multi-risk insurance delegations...