A short-term loan to finance the execution of a supply order
Features
Maximum tenure of six months Bullet repayment upon receipt of contact proceeds Issuance of joint payment agreement by awarding agency. Assignment of expected receivables
Benefits
Access to funds to facilitate execution of supply orders on a timely basis
Target Audience
Suppliers/Distributors
Application Requirements
Completed SME form; Application Letter; Business Registration documents; Business profile (supported with evidence of previously-executed orders) LPO documents/invoice Collateral documents (where additional security is required)