There are other loan brokers assisting ministries with financing, and we have bankers on our team. What benefit does SCG offer?
Most brokers will take any loan request to a financier. These brokers ask for information, bundle it – in the same format you gave it to them – with a cover letter, and forward it to every financier they know. Most often, the cover letter simply says: “This is XXX ministry and they want to do XXX. What can you do for them?” This is not much different from the approach that most ministries take on their own. Technically, SCG can be seen as a broker because we act as an intermediary between the ministry and the financiers. Functionally, the difference is that we take debt placement engagements only after performing due diligence to confirm that the funding request is viable and that it will meet the ministry’s objective for the current project without inhibiting the ministry’s ability to fulfill its vision. Once SCG takes on a debt placement, we analyze the information we gather and discuss the structures that may meet your needs. Only after we agree on an optimal structure do we proceed