The contract financing facility is meant for Borrowers that would have secured lucrative contracts from reputable off takers with consistent payments being made by the off takers e.g. Service Providers such as Security companies that have a running contract that has monthly payments.
- Company Profile
- Proposed security: Shareholder / Director’s guarantees / Title Deeds / Credit Insurance
- Statement of net worth for the directors (estimated values for Personal Assets and Liabilities.)
- Company Resolution to borrow (authorizing nominated company directors to borrow on behalf of the company).)
- Memorandum & Articles of Association (copy).
- Certificate of Incorporation and or Business Operating License (copy).
- Bank Statements for the recent past 6 months.
- Facility Application letter on Corporate Letterhead stating the nature/type and amount of facilities being sought.
- Tax Clearance Certificate (Current)
- Confirmed Order (with consistent receivables)
- Aged Analysis of Creditors & Debtors
- Letter of Undertaking from Offtaker to route proceeds through GetBucks.
- Latest Management Accounts
- 3 Year Annual Financial Statements
- 12 months Cash flow projection
- Directors and Management Profiles
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