Stock Replacement Facility

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

Required Documentation

Application letter

Duly completed loan application form

Certificate of registration of business entity

Invoices of goods to be purchased

Audited financials

Company’s financials

Other Banks’ statement of account of 12 months preceding application

  • <><><><>
  • span><><><>>

You may also like…

Credit Cards: Explore and enjoy the buy now pay later facility our credit cards offers you.

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.

Share this:

Press like to get our latest offers on Facebook