Invoice Discounting

Working capital financing for suppliers of goods or services to government and private entities

Overview

Enjoy this is a short-term financing option that helps to improve your cash flow position as we discount your confirmed invoices or certificates for jobs, projects or supplies delivered on local purchase orders from acceptable entities. Talk to us today and enjoy this structured trade finance solution.

ANNUAL LIMITS Annual financing limits available to reduce delays in processing of your recurring discounting requests

UNLOCK UP TO 70% INVOICE VALUE Access financing up to 70% of invoice or certificate value

FLEXIBLE REPAYMENT PLANS Flexible and affordable repayment periods up to 90 days

MULTI-CURRENCY Multi-currency funding available

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

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