1-Financing residents onshore companies (Investissement tunisian Found, BFPME, BTS, SICAR, seed money, bank credit)
The classic patterns of funding investment made by Tunisian investors:
- Bank credit: 60% of the investment (including working capital) (interest rate about 10.5%)
- Equity: 40% of the investiment (10% own contribution, 60% Investissement Tunisian Fund ( personal public credit over 12 years with interest rate 1%) and 30% other shareholders)
BFPME finances creative projects with an investment cost of more than 100 mTND and less than 15 million dinars.
The BFPME grants investment credits of 7 years duration with a rate varying between 10% and 11%.
The Tunisian Investment Fund intervenes in the form of equity investments managed by a SICAR, the retrocession of interests in favor of the developer at the nominal value plus 1% per year for projects whose investment does not exceed 2 million dinars And the nominal value increased by 3% for projects whose investment exceeded 2 million dinars. The maximum repayment term of 12 years.
Up to 2 million dinars of investment the intervention of the Tunisian Investment Fund reaches 60% of the equity beyond the 2 million dinars of investments it amounts to 30% of the own funds.
The mandatory self-financing of the promoter is at least 10% of the equity up to 2 million dinars of investment and at least 20% of the equity up to 15 million dinars.
The short term financing (bills discounts, Stocks funding, cash facility, tax bills etc.)
Several investment funds are located in Tunis, including:
- Phenicia Seed fund specializing in seed financing and venture capital. The fund is managed by Alternative Capital Partners.
- Phenicia Fund specializing in strengthening the equity capital of companies in development or in development. The fund is managed by Alternative Capital Partners.
- IntilaQ, a $ 28 million investment fund founded by Qatar Friendship Fund, Ooredoo Tunisia and Microsoft Tunisia, in December 2013. Its mission is to enhance and strengthen the capacities of young Tunisians by encouraging innovation and Entrepreneurship in the field of ICT.
- The Tunisian American Enterprise Fund (TAEF) is the result of an initiative by the US government to help expand Tunisia’s economic employment opportunities, catalyze investment, boost private sector development and support economic growth inclusive. The TAEF, currently endowed with a US $ 60 million contribution from the United States, aims to strengthen their growth prospects while focusing on inclusive social development factors: women, youth and regions in Tunisia