Contract Finance

Have you recently won a contract to supply goods or services to a reputable entity?

Overview

Enjoy this is a short term financing option that helps to improve your cash flow position as we provide you a quick short term financing option backed by your confirmed Local Purchase Orders (LPO) from private or public service entities. Talk to us today and enjoy tailor made structured finance.

MULTI-CURRENCY Multi-currency contract funding available

TAILOR-MADE STRUCTURE Tailor-made credit structure according to your business cycle

Flexible Plan Flexible and affordable repayment periods up to 90 days

UP TO 70% CONTRACT VALUE
Access financing up to 70% of contract value

AFFORDABLE PRICING
Attractive pricing options

QUICK Processing Quick application processing

Download our services and products pricing guide for more information.

General Business Credit Application Requirements

Fully filled in business loan application form (Available at a branch or delivered to your office)
Financial credit bureau card for the borrowing entity
Business bank statements for past 12 months
Business financial statements, including and income statement, balance sheet and cash flow
Passport size photograph of each director
Copy of valid identification card of each director
Valuation report for the property / assets to be pledged as collateral (where applicable or requested by the Bank)
Business plan and an updated business profile
Tax identification number (TIN) and tax clearance certificate
Formal written request stating the amount, purpose, tenor, source of repayment and proposed security
Board resolution to borrow
Trading license
Any other information as may be requested by the Bank, depending on the nature of the request. Our Relationship Management team will guide you on the process