FUND RAISING CONSULTANCY

STRATEGIC FUND RAISING CONSULTANCY FOR BANKS AND FINANCIAL INSTITUTIONS TO CAPITALIZE AND PROJECTS FINANCIAL ENGINEERING
Overview: ABVIG is incorporated in 2011 with the registrar General department under the Ghana company code ABVIG business and financial consultancy is specialized strategic services designed to support the funding and technical needs of government and private sector industry of Africa Businesses.
We help Government agencies, privately-held and publicly-traded companies in a wide variety of industries providing them with investment banking services, structuring and raise financing from a host of international lenders of ABVIG Business Capital Partners in oversees including commercial banks, multilateral and bilateral lending institutions, export credit agencies, and capital markets financial institutions that offer loans of $250,000 to $500 million and above with a repayment schedule between 3 to 30 years for projects, corporates, and financial institutions that are located in emerging markets throughout the world especially, Africa. Under the ABVIG business and financial consultancy services the following products emerged to be industrial appropriate program tailored to best meet the needs and funding gapes identified; ABVIG’s expert’s partners have particular strengths in initial project development and feasibility analyses, project financing, and asset management.

  • Developing, structuring, and financing projects
  • Providing credit support
  • Advising on practical risk allocation
Loan and financial instruments Programs Facilitated by ABVIG
ABVIG facilitates the following loan and financial instruments program and services through it oversee and international partners in the USA, Europe and Asia. Some partners are approved guaranteed lending partner of Overseas Private Investment Corporation (OPIC) and the Export-Import Bank of the United States (Ex-Im Bank). ABVIG facilitates and manages the process of the opening of Letters of credit on behalf of our clientele, and continues the ongoing management of the letter of credit process throughout the period for which a transaction will last. our excellent relationships in which world banking institutions work in conjunction with our expert staffs, the ABVIG avails herself of the foremost experts in the World of Trade Finance business, and the criteria set forth under UCP 600 for documentary LC’s and I5P98 for standby letter of credit or bank guarantees are strictly adhered to.
About using Letters of Credit
Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. There are basically two types: commercial and standby. The commercial letter of credit is the primary payment mechanism for a transaction, whereas the standby letter of credit is a secondary payment mechanism.
Commercial Letter of Credit (CORUTSY DL): Their use will continue to increase as the global economy evolves. Letters of credit used in international transactions are governed by the International Chamber of Commerce Uniform Customs and Practice for Documentary Credits. The general provisions and definitions of the International Chamber of Commerce are binding on all parties. Domestic collections in the United States are governed by the Uniform Commercial Code. A commercial letter of credit is a contractual agreement between banks, known as the issuing bank, on behalf of one of its customers, authorizing another bank, known as the advising or confirming bank, to make payment to the beneficiary. The issuing bank, on the request of its customer, opens the letter of credit. The issuing bank makes a commitment to honour drawings made under the credit. The beneficiary is normally the provider of goods and/or services. Essentially, the issuing bank replaces the bank’s customer as the payee.

Characteristics of a Letter of Credit include the followings;

  • A payment undertaking given by a bank (issuing bank)
  • On behalf of a buyer (applicant)
  • To pay a seller (beneficiary) for a given amount of money
  • On presentation of specified documents representing the supply of goods Within specified time limits
  • Documents must conform to terms and conditions set out in the letter of credit
  • Documents to be presented at a specified place
  • Term Loans for Emerging Market Projects, Corporates & Financial Institutions
    ABVIG Facilitated Loans Complements: 
  • Accounts Receivable Financing
  • Purchase Order Financing
  • Short-Term Inventory Financing
  • Bridge Loan Financing
  • Term Loans for Africa – U.S. Trade & Investment and Made Equipment ABVIG Partners offers ranges of loans of $250,000 to $100 million and above for African buyers of new U.S.-made equipment, technology, and related services with a repayment schedule of up to 10 years.
  • Term funds for microcredit and financial NGO projects.  Services for development and human rights NGOs to support their microcredit programmes humanitarian services, and investment. To connect and facilitate credit facility suitable for their programs and providing funding contacts of local and international funding organizations. We also offer consultancy services on financial system improvement and accountability in bid to develop capacity for financial and resources accessibility and management
    Term Trade instruments for commodities and Equipment ABVIG Foreign trade partners provides instrument for trade and investment as follows:
  • Facilitate Foreign long time Loan
  • Source investors
  • Facilitate Foreign short time Loan
  • Debt financing to private equity investment funds where the fund are used as Project loan (construction, Agriculture, real estate, bank recapitalization, Financing for a Power Project, Financing for a Financial Services Project, Private Equity Investment Fund)
  • Facilitate financial instruments for trading and projects, DLC, BG, and SBLC etc.
    Focused Sectors – Projects & Corporates: •
  • Packaging, Food Processing& Agribusiness
  • Logistics & Transportation
  • Manufacturers of Equipment, Components & Products used for Renewable Resources
  • Independent Dealers of Equipment & Spare Parts

Eligible Equipment:

  • Agricultural  Construction
  • General Aviation
  • Medical
  • Mining
  • Power Generation  Processing
  • Telecommunications
  • Transportation
  • Other Non-Military
  • Industrial Equipment

Focused Sectors – Financial Institutions:

  • Small & Midsize Commercial Banks (Tier 1, 2, and 3 banks regulated by national central banks)
  • Equipment Leasing & Rental Companies
  • Non-Bank Commercial Finance Companies and institutions

Loans Complement:

  • Accounts Receivable Financing
  • Purchase Order Financing
  • Short-Term Inventory Financing
  • Bridge Loan Financing

What is the repayment schedule of loans?

offers term loans with a repayment schedule of 3 to 30 years. We do not offer short-term revolving lines of credit.

However, our loans may complement new or existing short-term, asset-based credit lines for accounts receivable and purchase order financing provided by other
What is the cost of ABVIG Partner’s financing? The cost of ABVIG Partner’s loans is attractive compared with other forms of term financing available to SMEs and their principals such as mezzanine debt and equity. Loans to overseas-based borrowers are generally tied to LIBOR and adjust quarterly or semi-annually. Loans to U.S.-based borrowers are generally tied to and adjust with the U.S. Prime Rate. Fixed interest rate options are available under most of our programs. The all-in cost will depend on the amount, term and structure of he loan, as well as on the credit strength of the borrower and project. Following a preliminary review, ABVIG Partners will provide a prospective borrower with an estimate of loan costs.
How long will ABVIG and its partners take to review our loan request, and if approved, close the loan?

ABVIG will let you know within 15 business days following our receipt of a business plan (including financial information) if we are interested in considering the loan and if so, what additional information is necessary for us to underwrite the loan.

From the time we receive all of the necessary information and approve the loan internally, ABVIG Partners targets a loan closing within 30 to 90 days, depending on which of our loan programs best fit your needs.

How do we apply to ABVIG Partners a loan and services?
In order to conduct an initial evaluation of your loan/service request, ABVIG requires a comprehensive business plan, ownership information, 2-3 years of fiscal financial statements plus the most recent interim financial statements, and details regarding the proposed loan amount and uses.
To begin an active dialogue with ABVIG Partners, require sending a letter of intent (L01) in the case that your project finance requires technical formatting to meet donor requirement, ABVIC with its technical partners will only assist in preparing your financial proposal with consultancy fees.
ABVIG Financial Consultants and Advisors Our team works closely with the International and local professional business advisors of prospective Investors and borrowers (including investment bankers, business and financial consultants, and accountants) to design an optimal term loan structure that meets OUR clients’ needs: • Advisor is paid for by the prospective borrower through service fees and success fees/commission charges ranging from 1-40% depending on the service required and amount involved

  • Advisor assists the prospective borrower with its business plan with projections
  • ABVIG addresses Letter of Intent to both advisor and prospective borrower and lending investors
  • Advisor’s retainer and success fees may be financed by and disbursed at closing to assure timely payment
  • ABVIG facilitated loans preserve existing shareholder ownership and control, making our loans very attractive for family-owned and private equity controlled businesses
  • Advantages of working with ABVIG loan partners and investors include our international lending expertise, flexibility to finance many types of transactions and projects, and proven track record of successfully closed deals around the world

OUR PROCEDURE AND REQUIREMENT

  • Prospective service applicants letter of interest or request (LOUR): Simple letter with the relevant attachments. See LOI FORMAT, page 5.
  • Initial discussion meeting to discuss procedure and approach (ABVIG staff and service applicant) MoU
  • Business plan and financial projection
  • Bank statement
  • Complete project forms