Activity 
Advantages Main motivations for contribution in SICARs proper funds
Advantages of proper funds financing :
-
Reinforcing permanent funds
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Increasing indebtedness capacity
-
Appropriation to needs of a Tunisian industrial tissue made around Small Businesse
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Enterprises subject to a setting programme, which finance their proper funds investments, profit from an aid of 20% from Government.
Specific advantages related to a SICAR intervention :
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Permanent support, assistance and counse
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Time-limited profit-sharing with a log out pledge
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Help with the organization, transparency and improvement of the enterprise’s image.
Comparative table between C.R and Bank financing
| |
Capital Risk |
Bank |
| Entreprises |
Small Businesses – Industrial Small Businesses |
All Enterprises |
| Age of entreprise |
- Creation
- Development
- Maturity
|
Development mostly |
| Intervention Nature |
- proper funds
- counsels |
Loans mostly |
| Intervention Duration |
Average term |
Short / Average term |
| Decision Elements |
- Quality of managers
- Dual Product / Market
- Most-worth outlook |
- Financial capacities to reimburse
- Cautions guarantee |
| Logique financière |
- Logic of Investor-most-worth |
Reimbursement |
| Financial logic |
Repetitive |
Often punctual |
| Attitude regarding the enterprise |
More and more active |
Passive |
