This product is designed to provide a structured finance to traders and distributors of FMCG Principals to meet working capital needs
Customer is required to make either a 20% or 30% equity contribution
Submit invoices for goods to be purchased
Payment will be made directly to the supplier
Tenor of 12 months
Improves your cash flow by bridging the gap between the time when you must pay for imported goods and the time when you receive payment for selling them
Enables you to pay suppliers promptly, building your business credit rating and reputation
Duly completed loan application form
Certificate of registration of business entity
Invoices of goods to be purchased
Other Banks’ statement of account of 12 months preceding application
You may also like…
Personal Home Loan: Let’s help you become a homeowner with this loan, whether you’re constructing or buying.
Western Union Money Transfer: Our international money transfer services offers you a hitch-free experience.