Contract Finance
This product ensures clients have the necessary capital to execute projects efficiently without delays caused by cash flow constraints. It supports various contract stages, including mobilization, material procurement, and project completion.
Eligibility Criteria
✔️ Applicant must be a registered company with the Corporate Affairs Commission (CAC) in Nigeria.
✔️Must have a duly awarded contract from a reputable organization (government agency or credible private company).
✔️ Demonstrated capacity and history of successfully executing similar projects.
✔️ Must maintain an active bank account with verifiable transactions.
✔️ Have no history of loan default with other institutions
✔️ Willingness to contribute a certain percentage of project cost as equity.
✔️ Availability of acceptable collateral or bank guarantee where applicable.
✔️ Must comply with all regulatory and legal requirements.
Required Documents
✔️ Company Incorporation Documents
✔️ Contract Documents
✔️ Financial Records
✔️ Project Information
✔️ Legal/Compliance Documents
✔️ Security/Collateral Documents
✔️ Identification & KYC