Invoice Discounting
With our Invoice Discounting Facility, your business can draw money against invoices issued for completed contracts before payment is received from your creditors
SOME OF THE BENEFITS
Negotiable rates
Our invoice discounting service rates are negotiable
Maximum discount
Up to 70% value of the invoice can be discounted
Easy
Fast and simple application process
Capital Efficiency
Maintain cash-flow for your business
How To Get It
What you’ll need
-
Business registration documents
-
Bank statement from other banks
-
Financial statement and cash flows
-
Collateral may be required
-
Favorable credit Bureau report
*Other requirements / documents may be requested subject to specific borrower conditions
What You Get
-
Ability to structure loan to the specific business cycle
-
You do not have to wait for several months to receive payment from debtor before you can place order for more goods
-
We finance up to 70% of the invoice raised on a reputable company and accepted by the company
-
It is required that receivables due from the invoices are assigned to the bank
-
How To Get It
-
What You Get
What you’ll need
-
Business registration documents
-
Bank statement from other banks
-
Financial statement and cash flows
-
Collateral may be required
-
Favorable credit Bureau report
*Other requirements / documents may be requested subject to specific borrower conditions
-
Ability to structure loan to the specific business cycle
-
You do not have to wait for several months to receive payment from debtor before you can place order for more goods
-
We finance up to 70% of the invoice raised on a reputable company and accepted by the company
-
It is required that receivables due from the invoices are assigned to the bank