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:

  • Type of guarantee requested and amount;
  • Profile of the institution including legal status, key activities, shareholding, directors, management;
  • Three year audited accounts; and
  • 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.