Government programs / Grants / Non-repayable contributions
What is this type of financing?
Subsidies, government financial assistance programs and non-repayable contributions are just some of the names given to this type of financial assistance, for which, under certain conditions, lenders do not require repayment. It's financial assistance granted to a company by the State, a municipality, or a public and/or parapublic organization. It usually relates to a particular project, type of asset or situation, and is specific to certain industries and entrepreneurial profiles.
What are the special features of this financing?
- Government subsidies are often one-off and highly targeted.
- Generally speaking, the government body allocates grants to projects that correspond to its strategic issues and current policy. Otherwise, it does not have to justify its refusal.
- Once granted, the lender receives no consideration from the company.
- However, the body awarding the subsidy may ask for an accounting of the financial assistance and require the company to provide supporting documents, or simply carry out control visits.
- Given the complexity of this type of application process, a business advisor can guide you through the process.
What are the advantages of this type of financing?
- Financial assistance granted under this type of program is non-refundable.
- If the eligibility criteria are met, this assistance is highly advantageous for the company.
In addition to answering your questions, our SADC experts can help you make a real analysis of your situation. What's more, an analysis of your long-term needs and the determination of an appropriate financial strategy for your business could be developed at the same time.
See the list of different needs to the right that this financial product can meet. Don't hesitate to apply for financing from SADC. We'll be happy to support you as you think about your project and bring it to fruition.
YOU WISH...
- Acquiring, merging or taking over a company
- Improve your working capital / Growth
- Starting a business
- Developing a residential / commercial project
- Acquiring equipment
- Export your products or services
- Financing your tax credits
- Buying commercial/industrial property
- Turn around the financial situation
- Take equity out of your business
- Robotize / Automate / Improve IT
- Financing a startup
- Improve your company's environmental performance
- Carrying out a group project
- Strategic planning for your company's development
