Concept
Value proposition
THE MEDIA
THE PLAYERS
INVESTMENT FLOW DIAGRAM
Kisby Loans to SMEs
Senior Note
Amortising loans
Term: 12m – 36m
Interest Rate: Circa 19.75% (12.5% above Prime)
Security sought as required / available
Expected Principal: R1m – R20m
Targeted to approximate 80% of initial capital + reinvested capital
Targeted towards majority of SMEs requiring traditional solutions
Impact Capital
Quasi-equity loans targeted to support specific identified SMEs.
No capital repayment during term – bullet settlement with potential equity conversion at Kisby election.
Term: Approximate 48 months
Interest rate: Targeted CPI + 2.5% = 7% (equivalent to Prime – 0.25%)
Equity participation to yield targeted 15% real return
Targeted towards SMEs with special circumstances and cash flow constraints but allowing for shared value creation
