Norsad has been investing for impact in the Southern African region (SADC) for 30 years. Norsad Finance is a permanent capital vehicle that does on-balance sheet lending seeking appropriate risk-adjusted returns and desirable impact. Norsad seeks growth to achieve more impact and maintains some retained earnings towards balance sheet growth, however, the company also pays dividends to shareholders from profits.
Norsad's Mission: "To be the premier provider of customised longer-term risk capital to Southern African companies and financial services providers that are financially, socially and environmentally sustainable.”
Norsad’s Vision: ''To be acknowledged as a preferred impact investor providing flexible and customised financing solutions to commercially viable businesses with the intention of driving economic growth, social advancement and environmental sustainability.”
One of our key strategic goals is ''Emphasising Norsad's Impact objectives and maintaining high Social and Environmental Standards'', this goal encompasses;
- Maximising the long-term development impact of Norsad's portfolio investments and overall capital.
- Improving corporate governance of investee companies and ensuring their compliance with the best social and environmental standard.
At Norsad, we recognise that growth needs to be sustainable by impacting jobs (reducing poverty and unemployment), enabling diversification (reducing dependence on resources and commodities) and promoting economic and socio infrastructural effects.
We provide direct debt financing of USD5 million to USD10 million to financial institutions and mid-market companies for growth and development. We offer customised financing solutions across the debt spectrum to each individual client depending on the business needs and capital structure. Our instruments include senior debt, stretched senior, unitranche, second lien and mezzanine debt finance. We are a long-term funding partner with a typical investment holding period of 5 years. We have a unique proposition in our markets with regard to customization and flexibility of our financing instruments.