ECSF usually provides the credit in a co-financing arrangement with involvement of commercial banks. ECFS partcipates in financing of transactions of less than USD 1 million on an ad-hoc basis, Mainly in relation to transactions that are important for their refernce value.
Typically a minimum of Tsh or USD 1 Million. In transactions exceeding an amount of USD 10 Million, ECSF usually provide credit in co-financing arrangement that involves Commercial Banks.
Typically 2-5 years (Max 10 Years) depending on terms and conditions of the related commercial agreement. Tenure of less than two years is also available for the funding of agricultural or relatively small value manufacturing industry
For Export transactions financed or guaranteed by ECFS its required to certify the importer & Exporter Origin of the product and/Or services constituting the object of the transdaction
Incase of financing offerd esceeding a tenure of 2 years, under ECFS arrangement a max of 85% of the foregn trade/general contracting agreement may be financed. In the case of post financing, a minimum 15% advance must be paidby buyer at start of performance.
