Agrosheriff's financing is done through promissory notes. It is not a standard loan. Our clients are large international EPC companies - engineering, purchasing and construction.
Our partners are large European commercial lenders and export credit agencies. Our responsibility is only for our client (the EPC contractor), therefore we are not "biased" to any bank / insurer.
Each agreement involves different financial institutions, which best suits the specific agreement at the specific time.
As mentioned, since we insure with international insurers and international banks, the financing costs are significantly lower compared to any local bank.
The buyer's debt does not bear on his oblige to his local banks, which is a great advantage, his local bank is not involved.
Agrosheriff's finance is is not a loan, but an obligation of the buyer to the seller, which is transferred to the bank. In transactions of up to $ 100 million per, this is the simplest and most convenient mechanism.
In this method - there is no lien / collateral, other than the company's commitment on promissory notes. The buyer (debtor) only needs to make a down payment, and there is no additional lien.
Low-cost financing, due to the participation of foreign insurance companies and foreign lending banks. 1: 4 compared to local bank costs.
The repayment period starts from 3 to 14 years.
The first step is to request an Indicative term sheet from the international financing banks. The banks charge 2,700 euro for this service.
The term sheet defines the transaction frame and all related details, according to the buyer’s country, financial status, etc.
We worked with selected banks to give you the best financing product, with the lowest collateral, interest and longest repayment periods. Additionally your local bank is not evolved in the transaction, which is a great benefit in terms of liquidity.
If this is the solution you are looking for, please feel free to contact us, prepare ahead the documents mentioned in this article for faster transaction and process.
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