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Program BSCS1 Joint Venture Fund
| Lender | Major European Bank |
| Project Type | All forms of development including infrastructure projects |
| Security | First charge over the Project plus an equity position |
| Loan to Value Ratio | 90% of cost - Applicant must have 10% either in the form of cash or in the form of a Standby Letter of Credit |
| Currency | Usually USD or Euros |
| Term | Negotiable |
| Interest Rate | Zero |
| Equity Requirements | In loans under $100 million, Lender may take equity or alternatively a flat fee of +/- 20%. In loans of $100 million, Lender will require a 50% equity position. |
| Closing Time | Currently 30 days from completion of all due diligence documentation |
All Applications Must Be Submitted In English
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