DEPOSIT BACKED FINANCING (DBF)

Features:
  1. Minimum amount: $500,000,000.00 USD 
  2. Annual interest rate: 6,99%
  3. Maturity: 10 years or more
  4. Processing time: 90 business days minimum
  5. Grace period :12 months
  6. Service fees: 5% of the financing requested.
Eligibility:
  1. Viability of the project or business
  2. Proof of funds (POF) for $125M USD or 25% of the requested financing amount.
  3. Blocking or administratively holding funds in own account, lodged at any bank rated A, AA or AAA located in any of the following jurisdictions: Canada, USA, or a Western European country.
  4. Transfer of the blocked amount to the lender account to serve for guarantee at disbursement.
  5. Additional guarantees and/or ownership in the financed project or business.
  6. Subscription to appropriate insurance.
  7. The company must be at least 21 years old with clean criminal record.
Effective February 28th, 2023.