Bridging You to Seamless Financing

LOAN ACQUISITION PROCESS

1. Overview

This document outlines the formal loan acquisition process applicable to prospective borrowers seeking financing through the Provider. The Provider offers structured, instrument-backed financing solutions designed primarily for large-scale corporate, project, and institutional borrowers with financing requirements of EUR 100,000,000 (One Hundred Million Euros) and above.

2. Loan Programs Offered

The Provider offers two (2) principal financing structures, each supported by a Standby Letter of Credit (SBLC) issued by the Borrower’s local bank:

2.1 Cash-Backed Standby Letter of Credit (SBLC) Program

• Minimum Facility Size: EUR 100,000,000
• Security Structure: Fully cash-backed SBLC
• Guarantor: The Borrower’s local bank or financial institution
• Obligation of Guarantor:
  
  • The local bank shall issue an irrevocable, transferable, and monetizable SBLC in favor of the Provider as collateral for the loan.
  • The SBLC must be issued in accordance with ICC Uniform Customs and Practice (UCP 600) or relevant banking standards acceptable to the Provider.

This structure is typically utilized by borrowers with strong banking relationships and available liquidity or pre-existing credit lines.

2.2 Asset-Backed Standby Letter of Credit (SBLC) Program

• Minimum Facility Size: EUR 100,000,000
• Security Structure: Asset-backed SBLC
• Guarantor: The Borrower’s local bank or financial institution
• Obligation of Guarantor:
  
  • The local bank shall issue an asset-backed SBLC in favor of the Provider, secured against identified borrower assets.
    

For mining companies or natural resource-based borrowers, it is preferable that the Borrower provides independent, internationally recognized technical validation of the underlying asset, such as:

• NI 43-101 Technical Report – Mineral Resource and Reserve Report
• JORC Code Report – Mineral Resource and Reserve Estimate
• Or an equivalent internationally accepted geological and technical valuation report.

These reports must be prepared by a qualified independent person or firm.

3. Loan Tenor and Repayment Terms

• No upfront fees
• Loan Tenure: 25 years
• Interest Rate: 1% per annum
• Moratorium Period: 5 years (grace period on principal repayment)
• Repayment Structure:
  
  • No principal repayment during the first 5 years
  • Commencement of minimum annual payments after the moratorium period

4. Initial Documentation Requirements

Prior to formal application assessment, the Borrower must submit:

1. Detailed Business Plan
   • Minimum project value: EUR 100,000,000
   • Should include financial projections, risk analysis, revenue model, project timeline, and management structure.
     
2. CIS (Client Information Sheet)
   
   • Containing corporate details, directors, shareholders, beneficial owners, and financial background.

5. Post-Approval Process

Upon preliminary approval of the application:

1. Execution of NDNCA (Non-Disclosure, Non-Circumvention Agreement)
   
   • To protect all parties’ interests, intermediaries, and financial relationships.
     
2. Issuance of Full Term Sheet
   
   • The Provider will issue a comprehensive term sheet outlining all commercial, legal, and financial terms of the loan facility.
     

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