CREDITS
By CSS Engineering
INTERNAL FINANCING
Large Outlay Purchases
1. Since 2016, CSS Engineering together with “PBexSYS”, developed a ‘specialised’ financing model for mineral processing plant refurbishment, optimisation, maintenance and operation.
2. The specialised financing model was developed together with CSS’s financiers a member of a JSE listed company Transaction Capital Ltd.
3. The ‘specialised’ financing model:
a. Fills a gap in the conventional financing market offerings.
b. Addresses the particular and unique requirements of the mining & quarrying industry.
c. Is tailored to the customer’s requirements.
d. Is dependent on the customer’s source/means of repayment.
4. a formal financing proposal/offer can only be presented once:
a. A proper RFQ and/or RFI has been issued by the customer.
b. The customer’s source and/or means of repayment have been established.
c. A CWO quotation has been formulated.
5. Details of the specialised financing offer is available on request, subject to an NDA as the specialised financing model is proprietary to CSS Engineering.
6. For purposes of obtaining funding for a project it will be necessary to determine the funding repayment sources for the transaction.
7. Funding repayment sources including but not limited to:
a. Sales
b. Other operating income
c. Other asset sales/realisations
d. Operating assets residual value.
8. Sales including but not limited to the following is required:
a. Sales off-take agreements.
b. Sales revenue plan i.e. detailed sales revenue potential & target analysis.
c. Sales risk mitigation plan e.g. credit risk management plan, business interruptions etc.
9. There are a number of funding solutions CSS Engineering have access to and would utilise for the project, which will depend on:
a. The initial/capital/amortisation outlays.
b. Time to revenue generation:
i. Security/certainty/risk of the revenue generation.
c. Operating cash flow requirements:
i. Certainty/risk of the operating cash flow requirements.
ii. Includes all costs/expenditures necessary to generate revenue:
1. Management/governance.
2. Administration & finance.
3. Selling.
4. Production.
d. Cash management policies & procedures.
e. Funding transaction:
i. Repayment terms
ii. Rate of return / interest / finance cost
iii. Security
10. The initial/capital/amortisation will be based on the plant and/or equipment design/refurbishment/optimisation decision and will directly impact:
a. Time to revenue – “The time it will take for the plant and/or equipment to be revenue generating”.
b. Operating cash flow requirements – “The production costs and production/revenue capacity”.
OTHER SERVICES WE OFFER
• Site Maintenance & Repairs
• Engineering Design
• Machining
• Drives
• Structual & Fabrication
The CSS Engineering Team
CSS Engineering offers a One Stop Engineering Solution through the different Divisions that form an Integral Part of the CSS Group. CSS Engineering target and supply of the mining, engineering and construction, steel mills, food and beverage, transport, agriculture, energy and solar power, pulp and paper, sugar mills, chemical and petrochemical and water sanitation, where we have extensive experience and core competence offering bespoke/tailored solutions.
We are situated at 34 Sieg Kuschke Avenue, Sybrand Van Niekerk Park, Meyerton, 1962
