Admin l Thursday, January 19, 2017
LAGOS, Nigeria – Kirsten Turner Consulting has budgeted a princely sum of US$ 300.00m for deployment into the Nigerian economy for the year 2017.
The funds, which is to be deployed through the Intermediation Services Department of KTC will be sourced from partner organizations in the international financial circles, the organisation said in a statement by its Managing Director, Chris. C. Kiwamu.
The funds would come with interesting and supportive terms, such as relatively low interest rates (now averaging six-months LIBOR + 4%); speed of closing the transactions – in a matter of weeks; funding for any commercially viable (but legally-permissible) projects, be they Trading e.g. Import/Export (a.k.a. buying & selling), Industrial/ Manufacturing Projects, Contracts, Infrastructure and Real Estate projects, etc; funding for projects from US $2million – US $1billion.
“If your company has any project ideas requiring long-term funding (be they expansion, diversification, rehabilitation or even greenfields), please get in touch with us and let’s discuss how we may be of help to you.
“ Remember our motto remains: Empowering Nigerian Businesses with International Financing. Get across to us early so we can jointly work to make Year 2017 AD one to remember in the annals of your corporate history”, the organisation said.
KTC noted that the real sector constitutes the lifeblood of every thriving economy and is responsible for providing the most jobs.
“Developed economies, therefore, enact policies to specially support the sector to flourish – prominent amongst which is the ease of access to finance and bank loans usually at low interest rates. Unfortunately, this is not the case with Nigeria, where banks do all but support the real sector – with loans sometimes above 30% p.a. and short tenors of 36 months and below”, it added and it is as a result of this development that the organisation is providing the support.
