FRAGG provides Fund Mobilisation/Capital Raising services to SMEs and projects in the impact and climate sectors. We tap into our strong network and expertise in investment management to link investors to projects in West Africa. We act as an intermediary bridging the gap between SMEs in the region in need of funds to finance their projects and scale, and investors looking to finance such high-growth/high-impact projects.
Acting on the fund sourcing mandates of these SMEs, source, identify, negotiate, and package required funds from Development Financial Institutions, Impact Investors, Private Equity/Debt Funds, and other institutional investors around the world in other to meet the portfolio needs of investee companies.
We have a track record of working with institutional and private investors in executing debt and equity investments, technical assistance facilities, and guarantee in Financial Institutions as well as SME projects, while providing support for the investee companies in negotiating good deals and conditions for their expected funding.
FRAGG works on a success-fee basis and will not charge any upfront payments. We take a small percentage of funds raised as remuneration. This fee is negotiated on a case-by-case basis, depending on the size of the project, volume of work involved, and type of funding instrument required. All other fees (where applicable) are only incurred with the pre-approval of the organisation, and invoiced at the point of disbursement from the investor.
For big projects where multiple investors are needed, we arrange a cocktail of commercial banks, institutional investors and DFIs to syndicate facilities to finance such identified projects.
We also assist financial institutions interested in improving and diversifying her access to long term funding in domestic capital markets for the benefit of her SME portfolio by issuing both local currency and foreign bond investments.
We source financing in the form of debt/credit lines from institutional investors for impact projects in the region. We source for and negotiate the best deals and interest rate for our clients, and assist in the preparation and packaging of documentation presented to the investor.
We source financing in the form of equity from private equity funds and other institutional investors for SMEs seeking equity participation.
Technical Assistance Facility
In addition to financing in the form of debt or equity, we source for investors who provide additional technical assistance facility as additional non-financial support to investee companies in areas where there is need for capacity improvement
As an additional comfort to investors, we leverage our partnership with the African Guarantee Fund to provide guarantee covering up to 50% of investments for qualified businesses