Commited to finance your projects abroad.
#Smartcapitalforbelgium
A Word from the CEO .
To provide capital and know-how "for international investments made by belgian private sector companies."
In a globalized economy an increasing number of countries in Asia, the America’s, Africa and Central and Eastern Europe have been opening up their markets to foreign trade and investment; creating business opportunities for both local companies and Belgian enterprises wishing to enter or further penetrate those markets.
Today, the impact of changing economic policies in many countries, pandemics and the positive rise in the sustainability agenda raise new challenges when it comes to taking strategic decisions on a company’s geographical deployment, whereby local investments remain however key. Choosing the right location with attention on geographical spread results in a more overall stable production and business environment for the Belgian investor.
After 50 years of existence, it is SFPIM International’s continued mission to support Belgian companies to optimize their presence abroad with adequate financing.
About
SFPIM International, founded in 1971, is a unique finance institution
with both public and private capital, active in the co-financing
of business ventures by Belgian private companies abroad.
SFPIM International is a limited liability company, with more than 85% of its capital held by the Belgian State through SFPIM, a State owned investment fund.
The fact that SFPIM International is a government-related institution often benefits the project as it creates trust and enhances the confidence of foreign partners and/or authorities towards the Belgian private sponsored project.
SFPIM International offers tailor-made solutions taking into consideration the particular needs and risk profile of each individual project. As SFPIM International sets out to be a genuine long-term partner, it provides comprehensive support and advice as well as co-financing.
Since its creation, SFPIM International has invested in over 350 projects in more than 60 countries
References
“SFPIM International is the image that we would like Belgium to have in the world: stability, professionalism and pragmatism!”
(Pierre Mottet, CEO IBA)
“The interest in the content of the project and the broad vision on the further development possibilities is what makes SFPIM International a strong partner with an important added value in entrepreneurship.”
(Sigrid Pauwelyn, Trotec NV)
“SFPIM International is the right financial partner to develop our activities in Africa and to bring also a strong credibility towards our local partners.”
(Damien De Prijck, Group Chief Financial Officier BIA)
“While applying a shareholder’s approach in lending, SFPIM International successfully balances analytical thoroughness with pragmatism and speed of action and in this way they manage to act as a partner rather than a lender.”
(Barry Collard, CFO van Manuchar)
Products
Tailer-made financial products
MEZZANINE FINANCING
SFPIM International offers a range of quasi-equity products. Commonly subordinated loans or profit participating loans are provided on the level of the foreign subsidiary, often combining a fixed interest rate with a profit-sharing aspect and, occasionally including conversion options. The term and grace periods are tailored to the specific needs of the project.
EQUITY
SFPIM International offers equity participations, on the level of the foreign entity in which case a majority equity holding by the Belgian company is required.
SFPIM International, with the support of its main shareholder, has access to over € 100 million of investment capacity. The amount of its contribution ranges between € 2 million and € 10 million, possibly higher via syndication with reputable partners. SFPIM-International expects a matching contribution by the Belgian partner.
Partner Profile
SFPIM International co-finances foreign projects of Belgian companies that have a relevant track-record and that want to expand the internationalization of their activities via a foreign investment.
The Belgian partner can be a dynamic SME, a medium-sized enterprise as well as a large corporate.
contribution by the Belgian partner.
Nature of the projects
New projects (‘greenfields’), expansions of existing projects and acquisitions of existing companies abroad fall within the scope of co-financing by SFPIM International. All projects co-financed must show an overall favorable impact on the Belgian economy. The current portfolio of SFPIM International is highly diversified and reflects the most prominent sectors of the Belgian economy.
contribution by the Belgian partner.
Partners in financing
SFPIM International’s financial means can, in certain cases, be leveraged with considerable external financing capacities. SFPIM International has developed a close collaboration with the 3 regional investment companies (PMV, Wallonie Entreprendre & finance.brussels) and also has good contacts with international and supranational institutions.
Locations
SFPIM International’s financial means can, in certain cases, be leveraged with considerable external financing capacities. SFPIM International has developed a close collaboration with the 3 regional investment companies (PMV, Wallonie Entreprendre & finance.brussels) and also has good contacts with international and supranational institutions.
Working method
– Preliminary screening by SFPIM International to determine whether the project is eligible.
– Extensive analysis including: historical, financial and legal standing, due diligence of the Belgian company, information on its competitive advantages, business plan/forecasts for 3-5 years, management information, funding requirement and usage & financial structure of the proposed financing deal.
– The legal documentation: upon fulfillment of all conditions precedent the funds will be disbursed to the project.
– Follow-Up
Timeline from first contact to final approval: 3-4 months
Team
André Deltenre
Chief Executive Officer
Barbara Reypens
Senior Investment Manager
Christophe Denis
Senior Investment Manager
Erna Vandeplas
Investment Manager
Board of directors
Carina Sutera Sardo
Chairwoman (independant)
Koenraad Van Loo
Board Member (SFPIM)
Céline Vaessen
Board Member (SFPIM)
Herwig van Camp
Board Member (BNPParibas Fortis)
Denis Ronday
Board Member (SFPIM)
Governance
SFPIM International is managed by a Board of Directors.
Governance Charter (French version)
Governance Charter (Dutch version)
CSR charter of SFPIM International (pdf)
Capital structure
Public 85 %
SFPIM
- Direct: 37,93 %
- Indirect: 45 ,34 %
BNB-NBB: 2,11 %
Private 15 %
- BNP Paribas Fortis: 9,64 %
- ING: 2,37 %
- Other Private: 2,61 %
Contact us.
SFPIM INTERNATIONAL
Avenue Louise – Louizalaan, 32/13
1050 Bruxelles – Brussel
+32 2 776 01 00 Info@sfpim-international.be
