The Business Development Consultant (BDC) will assist MNCapital Africa Advisors (MNCAA) in identifying and securing clients for MNCAA’s services (Services). The Services presently entail assisting companies in raising short term financing, trade finance and long term capital (both equity and debt).
1. Short Term Financing transactions relate to invoice factoring and purchase order financing. The minimum deal size for short term financing transactions is $50K. These transactions can usually be completed within two weeks.
2. Trade Finance programs include letters of credit and trade finance facilities. The minimum deal size for trade finances transactions is $100K. These transactions can usually be completed within two weeks to a month.
3. Long Term Capital is for either (i) established profitable companies with at least two years audited financials or (ii) strong projects with an experienced management team and a committed off-take agreement, e.g. power projects with a PPA. Other than the before mentioned projects, we do NOT commit resources to start-ups. The minimum deal size for long term capital transactions is $10 million. These transactions usually require significantly more work and usually take over four months to complete.
The BDC will receive an agreed percentage of MNCAA’s fees from any transaction introduced by the BDC. Note that MNCAA charges the client a commitment fee and a success fee for each transaction it works on.
The BDC role is intended to identify individuals with the potential to become Associate Partners, which includes greater profit sharing, and eventually full partners in the firm.