Contract Financing Facility

The FBNBank Contract Financing Facility is designed to provide funding in a standardized manner to the contractor (the banks commercial/corporate customer) for the execution of contracts for recognized institutions

Features

  • Business must be duly registered
  • Customer must have been in line of business for at least 2 years
  • Maximum facility tenor of 6 months

 

Benefits

  • Flexible collateral and repayment plan
  • Competitive pricing
  • Quick Turn Arount Time
  • Business continuity due to access to funding

 

Required Documentation

  • Application letter
  • Certificate of registration of business entity
  • Original Contract documents duly executed by respective parties from Principal

 

Who Can Apply

  • Businesses in need of funding

To apply for the Contract Financing Facility,

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