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Find similar grantsInvoice Discounting/Local Purchase Order/Contract Financing is sponsored by SBM Bank Kenya. Offers financing to businesses to facilitate products or services as stipulated in contracts while awaiting payment from counterparties.
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Invoice Discounting/Local Purchase Order/Contract Financing - SBM Bank Aspire Plus Current Account Upfront Interest Fixed Deposit Aspire Plus Current Account Aspire Plus Current Account Baraka Collection Account Business Plus Current Account Jijenge Biashara Savings Account Baraka Collection Account Jijenge Biashara Savings Account Business Plus Current Account Insurance Premium Financing Business Plus Current Account SBM Platinum Saver Account SBM Mfukoni Mobile Banking SBM Mfukoni Online Banking Telegraphic Transfers (TT) Real Time Gross Settlement (RTGS) Invoice Discounting/Local Purchase Order/Contract Financing Insurance Premium Financing Get funding to help you facilitate a product or service to your customer as stipulated in your contract while awaiting payment from counter parties.
Why choose the Invoice Discounting/Local Purchase Order/Contract Financing Why choose the Invoice Discounting/Local Purchase Order/Contract Financing Competitive interest rates compared to the market Quick turnaround time from application to disbursement of funds Facility is available to both account holders and non-account holders of the bank Eligibility / Documents Required Account statements for the preceding 12 months Applicant must have a good credit score on CRB Applicant should not fall under the bank’s list of prohibited business Proof of at least two other running contracts Proof of relevant experience of having completed 5 other such projects/contracts.
Account should not have unauthorized overdrawn or unpaid credit over the last six months Processing fees - up to3% Invoice Discounting/Local Purchase Order/Contract Financing
According to the current listing, eligibility includes: Businesses with at least two running contracts and relevant experience. Confirm the full requirements in the official notice before applying.
Invoice Discounting/Local Purchase Order/Contract Financing is funded by SBM Bank Kenya. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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