The Import Substitution & Export Finance facility (ISEFF) is a Reserve Bank of Fiji lending facility available through the Fiji Development Bank.

 
Features
Working capital funding available for:

Export Finance:
• All goods by primary & secondary exporters
• Export of certain professional services such as Architectural, Engineering & Maritime services.

Import Substitution:
• New & existing local agricultural businesses
• Businesses may apply for concessional funding for production of - Fruits, Vegetables, Root crops, Dairy Produce, Beef, & Aquaculture.

 Benefits

• Competitive interest rates
• Terms available to suit your business cycle
• Reasonable fees & charges
• Minimum equity contribution
• Short decision time
• Flexible Repayments

Term of Loan
The maximum term loan is for 6 months with an interest rate @6% p.a*. The maximum loan amount is not to exceed $1,000,000.

* Variable based on cost of funds at the time of borrowing.
 

Requirements
The necessary supporting documents for an Import Substitution & Export Finance loan are available in this checklist.

How do I apply?
Apply for an FDB ISEFF loan or call for more information at your nearest FDB Branch today.

Security 
Normal security requirements for this particular product may include:
• Mortgage over land & building
• Debenture over assets
• Bill of sale over assets
• Personal guarantee by individual/ directors
• Notification
• Crop lien
• Assignment over exports proceeds 

 

Need more Information?
If you have further questions or wish to learn more about how a loan is processed read our Frequently Asked Questions (FAQ)

OR

Send us an email with your feedback and comments.