Seeking investors looking for projects to fund? Get access to the right investor for your project in 187 countries around the globe.
We specialize in Series B debt & mezzanine project funding of $5m+
Can I get funding for my project?
To find out if this service is a good fit for your project, please read the FAQs , and then pre-qualify your project with us.
Project funding, simplified.
What we do
We put business owners in touch with investors looking for projects to fund. We facilitate Series B debt and mezzanine project funding of qualifying projects in 187 countries across the globe for any amount above USD $5 million.
Through our expertise and extended network, we have developed unique funding relationships, which allows us to review, evaluate, and introduce qualified projects to our funding partners.
Funding is available for the following types of projects
- Energy projects such as renewable energy, renewable hybrid solutions, hydropower, geothermal, wind, solar, biomass, municipal solid waste, landfill gas, biogas, ethanol, and biodiesel.
- Civil construction projects such as roads, railways, buildings, water reservoirs, subdivisions, airports, bridges, sewer systems, tunnels, and dams.
- Agricultural development projects such as water resource development, community farming projects, and commercial agriculture development.
- Technology projects such as telecommunications networks, data centres, software development, and hardware manufacturing and distribution.
- Commercial real estate projects such as industrial parks, shopping centres, high-rise buildings, and residential estates.
- Logistics.
- Tourism development.
- Financial Services
Government Funding
For Governments with a Credit Rating of BBB or better, we can facilitate project funding with no collateral, at a fixed interest rate of 1% per annum. The minimum funding amount is USD $5 million with maturity terms of between 12 and 20 years.
How it works
Our project finance initiation process follows the five-step process outlined below. Please start by reading the frequently asked questions at the bottom of this page. Many of the questions that you may have will be answered in this section and will ensure a productive conversation during step 2.
Step 1: Read the Frequently Asked Questions (FAQs)
The FAQ section below addresses most of the common questions that project owners usually ask during the exploratory conversation. When people read these questions prior to the call, we find that the call in step 2 goes a lot smoother, as we can talk in a more productive way about the potential of the project, rather than focus on the terms and conditions of the funding.
Step 2: Pre-Qualify Your Project
Once you’ve read the FAQs, please provide us with the basic information about your project, so that we see if it would make sense for us to get involve with your project, in its current form and development stage. If we feel we can’t help, we will point you in the right direction.
Step 3: NDA & initial evaluation
If, after step 2 both parties agree that it is worth exploring the options in more detail, you will enter into a non-disclosure agreement with the relevant party, after which you will be provided with a funding pack. You will then apply for a Bank Comfort Letter (BCL) in the name of the project owner.
The BCL is your most important key to funding.
Step 4: Submit business plan
The business plan will outline all relevant aspects of the project, in a format prescribed by the funding partner and submitted together with all supporting documentation. This business plan will be used by the fund to make the final determination of whether funding will be granted.
Should you require assistance with the development and production of the business plan, 5M+ FUNDING can recommend a consultant to develop and produce the business plan on your behalf.
Step 5: Get funding
Once the approval for funding has been granted, the agreements will be drawn up, you will provide the Standby Letter of Credit from your bank, and the funds will then be disbursed in the agreed format and time frames.
We have simplified the process of getting funding for qualifying projects. We connect business owners with investors who are looking for projects to fund.
General Frequently Asked Questions (FAQ)
We prefer to provide debt funding as this is more advantageous for all parties involved. In certain situations we would also offer mezzanine or equity structures.
The identity of our funder(s) will only be disclosed once you have signed the required NDA and received in-principle approval for your project.
USD $5,000,000
Theoretically, there isn’t a maximum amount, but the approval of such a loan will be dependent on the business model and provision of a Standby Letter of Credit with a face value of 20% to 25% of the amount being financed.
The fund can finance projects in 187 countries around the world. The approved country list can change over time, depending on political risk. Currently, funding of projects is not available in the following countries:
Afghanistan, Congo (Congo-Brazzaville), Democratic Republic of the Congo, Iran, Iraq, North Korea, Syria, Zimbabwe.
We understand and appreciate your concerns. We do not discuss anything with our clients before all parties have signed a strong non-disclosure, non-compete agreement. 5m+ also has NDA and NCA agreements with all its allied partners.
You can always be assured of our professionalism and be assured that all our dealings with you will be treated with the utmost confidentiality. The terms of our NDA/NCA are non-negotiable.
We only fund projects from USD $5,000,000 and upwards, therefore you need to determine if you can upscale your project.
We have found that as soon as our client understands our funding model and the possibilities, the projects usually grow in terms of the funding required.
Once you have received approval from the funders and provided us with a BCL, you will be provided with two contactable references of successful ventures.
You will be required to sign an NDA/NCA prior to receiving any documents pertaining to the funding process.
The signed NDA will be returned to you for your records and the process documentation and templates will be forwarded, explaining the various steps involved.
To get help with building your pitch deck and business case (prior to starting the funding process), please visit Get Funding Ready, a site dedicated to helping you optimize your pitch deck and business plan.
Terms and Conditions FAQ
The applicable interest rates will be disclosed once the non-disclosure agreement (NDA) has been completed and signed.
The normal loan maturity period is 12 years. In some cases it can be extended up to 20 years. Loans can also be repaid in less than 12 years without attracting any penalties.
The most important aspect is to determine if you can provide an SBLC (Standby Letter of Credit) for 20% or 25% of the value of the project, depending on the funding amount you require.
Remember that an SBLC is a guarantee of payment issued by a bank on behalf of a client that is used as “payment of last resort” should the client fail to fulfill a contractual commitment with a third party.
You can repay the loan at any time without paying any penalties.
Yes, there is a grace period where no payments are required. This period is usually 3-5 years (final determination by the funders) and in accordance with your business plan, cash flow, and implementation plan.
The funding amount can be paid in any currency you require but should be stipulated in the agreement. The currency hedge risk is undertaken by the funder.
Yes, we carry out an in-depth due diligence on the company and the entrepreneur to ensure that both the company and the individual/s are in good standing.
Once the required documents have been submitted to 5m+, and the intermediary fee agreement signed off, the funder will check all the documentation, and the funder’s credit and risk committee will analyze the project.
The process will take about 10 banking days from the day of submission until feedback is received from funders.
30 Banking Days after the issuing of SBLC (Standby Letter of Credit) the first disbursement of 20% will be made.
Note: Funds will be paid in tranches of 20% every 30 days.
This is not a negotiable process, and no large lump sums and subsequently smaller lump sums will be allowed.
We have simplified the process of getting funding for qualifying projects. We connect business owners with investors who are looking for projects to fund.
Cost of Funding FAQ
5m+ does not provide the funding itself, we are intermediaries that bring the funders and clients together.
There are two different fees payable – Facilitator and Intermediary Fees.
More specifics on how much this is will be communicated by 5M+ FUNDING on our term sheet, once the NDA has been signed.
The facilitator fee is payable to the funders, while the intermediary fees are payable to 5m+ and broker partners. These fees are not negotiable.
Due to the structure of our fees and the small % of the total project, all fees should be paid with receipt of the first tranche.
To get help with building your pitch deck and business case (prior to starting the funding process), please visit Get Funding Ready, a site dedicated to helping you optimize your pitch deck and business plan.
Bank Comfort Letter FAQ
Yes, you need to provide a Bank Comfort Letter (BCL) as part of the first phase documents supplied to 5m+. A BCL is required to be submitted with your business plan, project summary etc. Without a BCL, no project will be reviewed or submitted to our funders.
A bank comfort letter (BCL) is a letter from your bank or financial institution confirming the existence of assets or a loan or a line of credit that has been extended to a you, their client. The letter officially vouches for the fact that you (typically an individual, company, or organization) are eligible for an SBLC to a certain amount, once an agreement is signed.
The BCL is not a guarantee of payment, but an assurance of your financial resources to complete a transaction. The BCL should be issued by a prime or approved bank and on specific verbiage. To verify this BCL, the funders may request “Authorization to Verify” from the client to enable them (the funders) to contact the bank directly to verify the BCL.
We do not provide BCL assistance. This is something that each client should discuss with their own banking partners.
Business Plan FAQ
What documents do you require to evaluate the application?
5m+ and our funders require a strong and detailed business plan with accompanying and supporting financials. There will be other documents required like a project summary, and 5m+ will supply you with these templates.
The most important aspect is the business plan. We always say you cannot apply for US$100million in funding with a 3-page business plan. Your business plan should reflect the funding amount sought.
We have simplified the process of getting funding for qualifying projects. We connect business owners with investors who are looking for projects to fund.
Standby Letter of Credit FAQ
A standby letter of credit (SBLC) is a legal document that guarantees a bank’s commitment of payment to a seller in the event that the buyer (the bank’s client) defaults on the agreement. The SBLC only gets called up if the client defaults on payment as per the agreement.
A Letter of Credit is a credit document that is used to make payment to the beneficiary upon the fulfillment of contractual obligations. However, a Standby Letter of Credit is a standby payment mode that can only be used by the beneficiary when the purchaser fails to make the payment for any reason as per an agreement.
The requirements and costs depend on the relationship, credit rating, and history the client has with their bank. We suggest you speak to your banker to determine the cost and requirements of an SBLC.
Depending on the value of the funding required, a SBLC of either 20% or 25% of the funding amount is required.
The SBLC is only required once the agreement with the funders has been signed.
Unfortunately, our funders only accept guarantees in the form of an SBLC or block-reserved internal funds for a dedicated account.
Unfortunately, we do not provide SBLC assistance. This is something that each client should discuss with their own banking partners.
The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.
Louis Grobbelaar
A South African based in Luxembourg, Louis is a financial services broker with over 15 years experience in the sector. Leveraging his international network, Louis brings people together in the interest of progress and prosperity.
Please email us on admin@feofin.com to discuss your funding requirements.
We have simplified the process of getting funding for qualifying projects. We connect business owners with investors who are looking for projects to fund.