Available Trade Finance Products
1. Bank Guarantees
We offer all types of bank guarantees, both local and international. e.g. Bid Bonds/Tender Bonds, Performance Guarantees, Advance Payment Guarantees, Retention Bonds, Customs/Transit Bonds, Payment Guarantees and Immigration Bonds to cover the tendering, payment and performance obligations of a contract.
Any owner of an economic activity or business with at least 6 months of experience. The client must present a contract/proforma or any similar document that proves the relationship between him/her and the beneficiary of the guarantee.
2. Invoice Discounting
We discount invoices that have extended maturity dates to enable our clients to ease their cash flow constraints. We enable our customers to meet their cash flow needs as they wait for their invoices payment.
3. Letters of Credit
We offer Letters of Credit with a commitment to pay exporters/vendors on behalf of our customers (importers/buyers) as long as the terms and conditions stipulated are met.
4. Import and Export Collections
We take care of the import and export documentation on behalf of our clients to ensure prompt payment. This method is most suitable where the contractual parties i.e. the buyer and seller trust each other.
5. Market pre-financing
We provide bridging finance to exporters against an export LC or confirmed order to enable them to meet the initial costs of raw materials, production, transport and logistics.
6. Customs clearance facility
We accommodate our clients’ post import financial needs by offsetting their import payment obligations that are still due and needs for customs clearance, pending the receipt of proceeds from the sale of the imports.
