The request for a guarantee should be submitted by the financial institution which is providing the financing. The request should provide the following initial information:
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Type of guarantee requested and amount;
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Profile of the institution including legal
status, key activities, shareholding, directors, management;
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Three year audited accounts; and
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Description of project/product program
requiring guarantee support and type of guarantee sought.
Upon receipt of the application together with
the accompanying information, AGF will carry out a quick dip-stick
review to be followed by the issuance of an indicative term sheet.
Once the indicative term sheet has been accepted, AGF will commence a
detailed due diligence and thereafter proceed to complete the
transaction.