THE LOAN PROCESS The Borrower will submit Application, Feasibility
study, Business plan, cash flow and bank
The loan amount is 50 500 M confirmation letter for amount of the block fund USD. The annual interest is 2.5%. 1 The repayment period is 10-year. The grace period is depended on to The consultant agreement will be sign between the the project planning and scheduling borrower and the consultant. 2 and will be as the agreed in the loan contract The borrower will block 5% Of the The lender and borrower will sign the loan contract. required loan, based on the table 3 below , in his account for the one year in,, the beneficiary of the lender in one of the one 25 top banks in - The borrower, based on the required loan, will the world or that bank`s block the amount of the blocked fund, in his own correspondence in Dubai . account for the one year, in the beneficiary of the Options loan/USD Blocked fund lender. /Euro -The borrower`s bank ( One of 25 Top banks in the world A 50 M 2.5 M or that bank`s correspondence in Dubai), will issue B 100 M 5M 4 MT799 Blocked Funds Confirmation to the lender`s bank. C 150 M 7.5 M D 200 M 10 M E 250 M 12.5 M The lender and borrower will sign the mortgage contract. F 300 M 15 M 5 G 500 M 25 M The guarantees of the loan will be 6 the project as the collateral. In this method The lender participate in The lender will deposit The borrower will provide the 100% of the loan the agreed guarantees in the project and have shares of the amount in the beneficiary the mortgage contract. project`s company, until the of the loan contract. repayment of the principal and the 5 interest. 7 Period Disbursement: 30 Banking As soon the guarantees transfer to the lender will be released part by part based on the cash flow and feasibility study Days after issuing MT799 Blocked /business plan. Funds Confirmation to the lender`s bank by the borrower`s bank.
-The borrower does not pay any money in advance.
PLEASE NOTED -All these process will be Bank to Bank, not cash payments.