|
| | |
On
this page are listed fees charged to Borrower by financing sources.
These fees are independent from fees charged to borrower by BusinessAfrica™ /
Dr. Quenum And Associates for services related to Financing Research on behalf
of Borrower Click here to view BusinessAfrica™
/ Dr. Quenum And Associates' duties and fees structure. |
Lender
Group(s) Banking Fees Lender
Group's) Administrative Fees |
How
are fees paid Currency Converter
Dr. Quenum & Associates' fees |
| LENDER
GROUP(S) BANKING FEES |
|
-1- Usually to
get project funded, there will be a charge of 1% (One percent) banking fee
by the lender group(s) providing project financing. -2-
Whenever necessary, an additional 1% (One percent) syndication
fee is required for the cost of gathering a group of international banks to
put the required amount of funds together for a project. -3-
Other fees to cover legal, administrative costs may be applicable.
The following is a reference example of the breakdown of fees involved:
Example: Let's
take a loan amount of 100,000,000.00 US$ (One hundred million USD):
1%
(One percent) banking fee is 1,000,000.00 US$ (One million USD).
1% (One percent) syndication fee
is 1,000,000.00 US$ (One million USD) Legal
fees vary in accordance with the paper work involved, but the reference
figure is 1/8 (One-eight) of 1% (One percent) or less subject to negotiation.
| |
| TOP |
|
FEES PAYMENT |
|
The following flexible approach may be negotiated by Dr. Quenum And Associates
with financing group 's) to relieve financial pressure from borrowers during the
first stage of loan processing.. Example:
For a loan amount of 100,000,000 US$ (One hundred million
USD) the lender group(s) would finance, say, 102,125,000 US$ (One hundred two
million, one hundred twenty-five thousand USD). Upon
closing, the lender group(s) deduct:
| 1-
2,125,000 US$ (Two million, one hundred twenty-five thousand USD) to cover
its 1% (One percent) banking fee, 1% (One percent) syndication fee.
| | 2-
And 125,000 US$ (One hundred twenty-five thousand USD) legal costs,
| | 3-
Provide to borrower $100,000,000 US (One hundred million USD). |
| |
TOP |
| LENDER
GROUPS' ADMINISTRATIVE FEE |
|
Lender Group(s) charge an annual Loan Administrative Fee. Project
sponsor or borrowers have complete responsibility to use the funds strictly for
business purposes with regular briefings submitted to the lender group(s) on the
progress of project implementation.
| |
(Completed
"Funding Request"
and attached "Executive Summary"
to be mailed (in four exemplars) to click here for email address
or Fax to Dr. Quenum & Associattes: +1 347 534 9329 )
In
order to produce a complete / comprehensive "loan request dossier" we
urge you to read (make hard copies) of following pages:
Loan
Procedure Funding Request
Executive Summary Funding
Fees Financing' Source highlights
BusinessAfrica's Fees and Duties
| |
TOP |
| HAVE
A BUSINESS PLAN
FREQUENTLY
ASKED QUESTIONS
| | |