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.
Up to 75% of the LPO value.
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.
1.17% per month.
Cash cover, Land & buildings, and/or Motor vehicles; are acceptable collateral.