INVOICE DISCOUNTING

ELIGIBILITY CRITERIA

Your company is registered in Nigeria as LLP, PLC or Ltd

Your company is incorporated for at least 2 years

Your company is able to show a min. turnover of N20 million annually

Your company is issuing invoices above N1 million to the principal company on a monthly basis

Signed Personal Guarantee forms for CEO and another Guarantor

Your company supplies at least one “credit worthy” debtor (e.g. private international companies listed on the stock exchange)

It may be necessary to secure the loan by a guarantor

WHAT WE NEED FROM YOU

Government Issued ID Card (International Passport, National ID, Driver’s License, Voters ID)

CAC Docs (CAC 2 & 7)

Last 12 months LPOs, Invoices of contracts done with reputable investment grade Multinational Companies

Last 12 months Bank Statements (Corporate Account) domiciled with principal company

Company profile

BVN nos

Must have been a registered supplier/vendor to any of the Multinational companies for at least 12 months

FAST AND SIMPLE ACCESS TO WORKING CAPITAL

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Maximal Loan Amount

NGN 20,000,000

per invoice

Processing Fee and Commitment Fee

1.0% - 2.0%

of loan facility or discounted amount

Interest Rate

from 20% p.a.

on borrowed amount

Please note: Fee and rate depend on the internal risk score evaluation of LENDIGO