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  • Guarantee Coverage Table

    Category of Industry Investment (Mil Nu. )Government Participating Bank Borrower
    Large>10050% or Nu. 30m, whichever is lowerUp to Nu. 30mBalance debt financing secured by collateral
    Medium10 - 10050% or Nu. 30m, whichever is lower40% if the balance debt financing60% of the balance debt financing, secured by collateral.
    Small1 -1070%20%10%
    Cottage0 -170%20%10%

    INTEREST RATES

    Category of IndustryGestation PeriodCommercial Operation
    Large & Medium 8.75%9.75%
    Cottage & Small7%8%

    PRODUCTIVE SECTOR LIST

    NEWS & ANNOUNCEMENT

    Announcement

    7th NCGC Updates

    Exactly a year after the first NCGC meeting, the 7th NCGC approved 19 projects for a loan of Nu. 63.95 million. The total projects now stand at 187 with the total loan amounting to Nu. 707.94 million. Of the 19...

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