Business Loans

About the product
CreditPRO offers the following business loan facilities:

1. LPO Financing Facility: this is ideal for any Small & Medium Scale business that needs funding to execute a Local Purchase Order (LPO) from a reputable corporate organization.

2. Invoice Discounting Facility: this is ideal for any SME that needs to have immediate access to cash after making credit sales to customers, particularly the big ones, pending the time payment is received.

3. Asset Refinance Facility: This is a facility arrangement that allows a business access working capital by refinancing its already owned asset and at the same time still in possession of such asset. This facility is a quick fix to businesses’ working capital challenges by using what they already own to get what they urgently need.

4. Clearing Finance Facility: This is a short term loan facility, usually for 60 days, designed to help SMEs settle port and clearing charges on their imported equipment, machines or motor vehicles when they are not sure of raising the clearing cost in good time, in order to avoid paying excessive demurrage on the import.
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