Features

• Customer is required to make either a 20% or 30% equity contribution
• Submit invoices for goods to be purchased
• Maximum tenor of 18 months.
• Payment will be made directly to the supplier
• Tenor of 12 months

Benefits

• 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

Accompanying Documents

• Application letter
• Duly completed 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