This product may be used to finance bulk purchase of produce during peak periods as well as other structured commodity trade finance products/collateral management solutions. It is also used to support manufacturers to acquire critical raw materials that are available locally or may not be available in the country and support the importation of fast-moving items needed to facilitate local contracts.
Key feature
The product is tailored for existing and operational enterprises in need of short-term finance to bridge an operational gap. This can work alongside trade instruments, including Letters of Credit, collections and guarantees.
Duration
Revolving in nature with repayment cycles of up to 180 days. This can be a one off if it is financing a specific contract.
Trade Finance Services
Letters of credit /Bill of collection
Safeguard risk of payment for goods. Facilitate the importation or exportation of goods, equipment, and services.
Key feature
Paid on maturity, secured by cash, landed property, commodities, fixed deposits, first class bank guarantees, GOU bonds or corporate guarantees.
Duration
12 months maximum
Structured Trade & Commodity Finance
Align repayments to meet the requirements of the business. Varies by transaction imported or exported.
Key feature
Designed to meet the client’s specific business needs for pre and post shipment financing as well a local purchase of bulk goods.
Duration
12 months maximum
