Trade Finance

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