What role will EGFL play in my business?
EGFL functions as a strategic partner and can provide access to our network of business contacts and clients. We can also offer technical assistance, which is..
Continue ReadingEGFL functions as a strategic partner and can provide access to our network of business contacts and clients. We can also offer technical assistance, which is..
Continue ReadingEGFL strives to make investment decisions within 4 to 8 weeks after the receipt of an application. However, the approval process depends on the quality and..
Continue ReadingNo, incorporation is not a necessity to access funding.
Continue ReadingThe interest rate varies between 3.75% per annum to 7.5% per annum, depending on the type funding provided. These rates are variable except on financing for..
Continue ReadingRepayment periods are normally 10 years or less for capital projects. However, loans may be granted for up to 15 years; equity investments are expected to..
Continue ReadingFinancing is available from BDS$100,000 to (BDS$1.5 million) BDS$5.6 million, depending on the type of funding required. There is some flexibility in relation to the lower..
Continue ReadingCollateral is required for the financing approved by EGFL, except for the funding approved for innovative business proposals. Novel business ideas are eligible for equity financing.
Continue ReadingApplications for funding should be presented in a business plan. Agricultural and RE and EE projects have additional requirements.
Continue ReadingEGFL provides financing for capital and working capital purposes across many sectors of the economy, including agriculture, manufacturing, tourism, renewable energy (RE) and energy efficiency (EE). ..
Continue ReadingEGFL is a joint public/private sector institution.
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