TERMS & CONDITIONS

FAG-TERMS-CONDITIONS-V2Download

LOAN TERMS & CONDITIONS

  • Lending Programs: All types of loan
  • Loan Size: $/€ 20,000,000.00 – $/€ 500,000,000.00
  • Interest Rate: Libor at 6 month + 0,75 % per year
  • Term: Short, Medium & Long-Term program tailored to fit different loan scenario (2 – 15 years)
  • Repayment Period: up to 15 years
  • Grace Period: up to 2 year
  • Pre-payment: No pre-payment penalty
  • Loan Processing Fee: 1% – to be paid immediately after receiving the loan
  • Equity: between 10 % and 30 % from the total of requested loan deposited in a sub-account, on our behalf, in the client’ bank account, in an international Bank, rated AA+, from Swiss, France, Germany, Austria, Luxembourg, Belgium and United Kingdom
  • Security: Various combined measures, individual or complementary, such as: guarantee through the project already financed, assignment of revenues as a result of the entry into operation of the investment, mortgage pledge on land and buildings, assignment of shares, etc., depending on the concrete nature of the investment and real possibilities of the client.
  • Down Payment: No upfront fee

APPROVAL REQUIREMENTS

Loan approval is subject to verification of all information you provide and satisfaction of various conditions including, but not limited to the following:

  • The legal documents of the company and the project.
  • Official LOI (letter of intend) on the client’s letterhead.
  • Feasibility study.
  • Executive summary.
  • Business plan.
  • Cash flow and time table.
  • Bank confirmation letter for the equity between 10 % and 30 %

OUR PROCESS

All the clients and the project’s documents will be reviewed and surveyed by our technical and expert specialists. If the project is approved, a loan agreement will be concluded.


INSURANCE

We will initiate negotiations, together with the client, with one of the insurance company from Europe, at the choice of the client, in order to insure the loan against the risk of Non-Payment.


FUNDING

Loan funds will be wired to the account details provided by the client in the loan agreement contract, subject of cash flow chart and time table.


LOAN PROCESSING FEE

Borrower will be required to pay loan processing fee (1%) immediately after he will receive the first tranche of the loan in his bank.

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