LPO Financing

A loan product designed for contractors and vendors of reputable organizations
to enable them to execute work and local purchase orders from their respective employers.

Loan Amount:

Up to 75% of the LPO value.

Loan term:

Maximum 120 days.


  •  Qualified and more than one year experience
  •  Has capacity to deliver the contract
  • Past track record of the supplier or vendor.
  • The LPO should not be more than 30 days from the date of issue.


Processing fee at 3% of the loan amount.

Interest Rate:

1.17% per month.


Cash cover, Land & buildings, and/or Motor vehicles; are acceptable collateral.

Forex Rates by September 20, 2023
USD: BUY 146.50 SELL 152.60GBP: BUY 180.50 SELL 188EUR: BUY 155.85 SELL 163.35