Working Capital Finance

Often our customers need some funds to manage working capital gaps on a day-to-day basis. We come in here by providing this overdraft facility.

Our customer will be allowed to overdraw the account up to a specified amount to bridge gaps in cash flow and working capital. Repayment is usually from account receivables and cash flows from the customer’s business. Interest is charged on daily overdrawn balances.

Features & Benefits:

» Maximum tenor of 6 months
» Collateral is required
» Facility is limited to certain percentage of turnover
» Assists businesses manage cash flows
» Competitive interest rate
» Convenient repayment plan (structured in line with expected cash flow.)
» Retail businesses may obtain funds for their immediate working capital needs, while they later clean up with subsequent cash receipts.


» Customer Application letter with the letter head paper
» Original Asset paper documents and authority to sell
» 2 Guarantors with Valid ID card and undated cheque
» Account Opening (Current Account)
» Recent Utility Bill
» Deed of Hypothetication on stock/Asset

Take the Next Step Towards Your Loan

Call Us Direct on; +234-908-737-2380