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Evaluation Process

Evaluation Process (BEF)

Processing for BEF application involves the following stages:-

  • BEF Application submission
  • Preliminary Assessment (Eligibility, Documentation, Financial Forecast)*
  • Preliminary Meeting (Fact Finding);
  • Desk Research;
  • Company Visit ;
  • Presentation of proposal to the Technical Committee (TC) Members;
  • Presentation of proposal to the Approval Committee (AC) Members;

 

Upon BEF application approval, the following will be executed:-

  • Due-diligence exercise(Legal and Financial);
  • Signing of Legal Documents;

The whole application process will take 45 working days from completeness of information received to presentation to the Approval Committee.

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