Golf Growth Fund :

  • Extension investment financing
  • Type of intervention: Equity or Debt
  • Sectors: all industry, services, finance … except alcohol and tobacco
  • Guarantees: (*) case to case (*) last three financial statements certified as beneficiaries
  • Ticket: Minimum extension cost 10 million USD
  • Equity conditions: exit period of 3 to 5 years / other details after study of the file
  • Debt conditions: case to case

Business angels Tunisia, Equity tunisia

Buyer credit:

  • Principle: credit granted, for the benefit of the Tunisian diaspora, as imports of Spanish origin
  • Investment financing
  • Type of intervention: Debt
  • Sectors: any industry sector and industry-related services
  • Guarantees: (*) case to case (*) financial statements certified as beneficiaries
  • Ticket: Minimum project cost 8 million euro
  • Debt Conditions:
    1. To. Fixed interest rate less than 1%
    2. b. Insurance underwriting in Spain indexed to the sovereign rating of Tunisia (currently 6.07%)
    3. vs. Repayment terms up to 10 years with 6 months grace period
    4. d. Financing of 85% of the total cost of the project and 100% of the insurance premium
    5. e. The project components are of Spanish origin with a tolerance margin of 30% for local purchases (calculated on the basis of Spanish purchases)

Supplier Credit :

  • Principle: Guarantee of payment for the benefit of the Spanish diaspora for their exports of Spanish origin in the form of rescheduling of payment in favor of their foreign customers.
  • Investment financing
  • Type of intervention: Debt
  • Sectors: any industry sector and industry-related services
  • Guarantees: (*) case to case (*) financial statements certified as beneficiaries
  • Ticket: Minimum project cost 500 thousand euros
  • Debt Conditions:
    1. To. Fixed interest rate between 1.5% & 2%
    2. Insurance underwriting in Spain indexed to the sovereign rating of Tunisia (currently 6.07%)
    3. vs. Repayment periods up to 4 years with a 6-month grace period
    4. Financing of 85% of the total cost of the project and 100% of the insurance premium
    5. The project components are of Spanish origin with a tolerance margin of 30% for local purchases (calculated on the basis of Spanish purchases.

Equity Tunisia

SME Credit Line

  • Principle: Tunisian Spanish financing line granted for the benefit of Tunisian SMEs subject to the approval of the commercial office of the Spanish Embassy
  • Investment financing
  • Type of intervention: Debt
  • Sectors: any industry sector and industry-related services
  • Guarantees: Local bank endorsement
  • Ticket: Maximum project cost 2 million SDR “Special drawing rights” (the current equivalent of 2.4 million euros)
  • Debt Conditions:
    1. To. Fixed interest rate between 2.75% (retrocession in euros) or 6.75% (retrocession in TD)
    2. Insurance underwriting in Spain indexed to the sovereign rating of Tunisia (currently 6.07%)
    3. vs. Repayment periods 15 years with 5 years of grace
    4. Funding of 100% of the total cost of the project and 100% of the insurance premium
    5. The project components are of Spanish origin with a tolerance of 30% for local purchases (calculated on the basis of Spanish purchases).

F & EPC (Finance, Engineering, Procurement & Construction)

  • Principle: credit and execution of turnkey projects
  • Type of intervention: Debt
  • Sectors: any industry sector and industry-related services
  • Guarantees: Bank guarantee from a First Order bank or Subscription of an insurance policy
  • Ticket: Minimum project cost 20 million dollars
  • Debt Conditions:
    1. To. Fixed interest rate between 2 and 2.5% (retrocession in euros) and 3 to 4% (retrocession in USD)
    2. Minimum component of 35% of Chinese origin of the project
    3. vs. Repayment periods of 10 -13 years including a grace period relating to the period of implementation of the project
    4. Funding up to 85% of the total cost of the project. Funding can reach 100% of the project in the event of the provision of a confirmed and irrevocable SBLC (Stand By Letter of Credit) for the entire credit covering the entire repayment period.
    5. Self-financing of the founder of the project of 2% of the overall cost