Who are the beneficiaries ?
Companies incorporated to the trade register and fulfilling the following conditions :
- Having a registered office or a representation in Benin ;
- Having a procurement contract or an order form from public or private principals ;
- Having appropriate professional references.
Which loans can be guaranteed ?
Credits granted by disbursement as an advance by banks and earnmarked for the execution of procurement and purchase orders.
How long is the guarantee time period ?
The guarantee time period corresponds to that of the credit.
How much is the credit to be guaranteed ?
The credit to be guarantee is determined taking into account the company’s needs.
What are the requirements to meet to enjoy a guarantee ?
(Contact AFGC S.A)
How much does the guarantee cost ?
(Contact AFGC S.A)
How should the credit granted by the bank be refunded?
Through payment allocations received from principals.
What is the response time of AFGC S.A?
10 working maximum as from the date of submission of the complete application.
How to submit applications ?
Entreprises inscrites au registre de commerce et réunissant les
conditions suivantes :
- The customer who is willing to enjoy this guarantee should submit his or her application to AFGC S.A ;
- AFGC S.A gets in touch with the customer’s bank in order to issue the guarantee.