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...