Invoice Discounting

Product Name: Invoice Discounting

Nature of Loan: Short Term

Minimum Loan Amount: UGX 100,000

Maximum Loan Amount: UGX 20,000,000

Rate of Interest: 3% PM Flat Rate on Monthly Rests

Repayment Period: 90 Days (Maximum)

Eligibility Criteria

Any supplier working with Super Markets in Uganda.

Security

Post Dated Cheque’s provided by Supermarket for payment to his supplies.

Minimum Requirement

Passport Size Photograph- 1 (Latest) Identity Proof- Uganda National ID, PASSPORT, Voter ID, NSSF Card, Driving Permit Company Documents – Certificate of Incorporation, Certificate of Registration, Article of Association, Form 7, Trade License

Operational Part

The supplier fill up the below documents

  • Loan Application Form
  • DP Note Form
  • Loan Agreement
  • Borrower Profile Form
  • Guarantor.