Local Purchase Order (LPO) Finance
Local purchase order gives clients a fund assistance of 100% direct payment to vendor for project financing. Assessment and availability of purchase order is a major criterion.
➜24hrs turn around time
➜Flexible interest rates and payment plan.
➜No initial deposit
➜Moratorium up to 60days
➜Flexible interest rates and payment plan.
➜No initial deposit
➜Moratorium up to 60days
➜Confirmation of order – (the ordering company)
➜Domiciliation of account
➜Undated cheques
➜Maximum of 6 months maturity
➜Interest rate = 4 – 6% reducing balance (subject to change depending on loan amount)
➜Interest monthly and principal at maturity
➜Domiciliation of account
➜Undated cheques
➜Maximum of 6 months maturity
➜Interest rate = 4 – 6% reducing balance (subject to change depending on loan amount)
➜Interest monthly and principal at maturity
