I am interested in the

Get funding to help you facilitate a product or service to your customer as stipulated in your contract while awaiting payment from counter parties.

Why choose the Invoice Discounting/Local Purchase Order/Contract Financing

Competitive interest rates compared to the market

Quick turnaround time from application to disbursement of funds

Facility is available to both account holders and non-account holders of the bank

Eligibility / Documents Required

  • Account statements for the preceding 12 months
  • Credible counter parties
  • Applicant must have a good credit score on CRB
  • Applicant should not fall under the bank’s list of prohibited business
  • Proof of at least two other running contracts
  • Proof of relevant experience of having completed 5 other such projects/contracts.
  • Account should not have unauthorized overdrawn or unpaid credit over the last six months

 

Talk to Us

Rates & Fees

  • Processing fees - up to3%

 

Invoice Discounting/Local Purchase Order/Contract Financing