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| Private Sector Facility |
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| Project Finance |
Structured finance on a non and limited recourse basis to private entities setting up new ventures or seeking to expand; in all productive sectors of the economy
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Sector identification |
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Agro-industry, fishing, ICT, manufacturing, mining, services, tourism, transport |
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Eligibility |
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• Viable start-up business
• Expansion of existing business
• Promoters with good track record |
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Financing options |
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• Loans
• Subordinated debt/mezzanine financing.
• 30% minimum own contribution for start-up projects and up to 100% debt finance for expansions, so long as a company’s debt : equity
ratio is less than 60 : 40 after financing, otherwise DBN may require sponsor contributions.
• Current minimum of N$ 3 million. |
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Security |
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• Determined on a project by project basis taking into account risks involved and credit rating score assigned. |
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Repayment period |
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Maximum 15 years (including grace period). |
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Interest rate |
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• Determined on a project by project basis.
• Interest can be capitalised during the grace period. |
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Grace period |
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• Tailored to the construction and ramp up of the project. |
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| • Download Application Form |
| • Business Plan Guide |
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