SME Loans - Contract Financing LPO

INTRODUCING OUR LOCAL PURCHASE ORDER (LPO) / CONTRACT FINANCING PRODUCT

Reliance Financial Services on the 15th of December 2013 launched the newly developed LPO / Contract Financing Product as part of its new suite of products and service offerings to the general public. The LPO/Contracting financing product seeks to provide working capital needs to individuals and businesses that supply goods and services to others or are contracted to execute projects on behalf of others.

ACCESS MEANS

The customer needs to have an active account with Reliance. S/he presents the LPO or contract document issued by a recognized organization requiring a need for advance funding to deliver the LPO or contract. Reliance will assess and validate the request and the required funding provided. For more info, contact any of Reliance’s branches.

Fast processing and disbursement
Dedicated Relationship Manager

Easy access to credit
Access to Credit Life

ELIGIBILITY:

Any Nationality
(Non Gambians to have valid immigration status)
Period of Banking history with Reliance - Nil (provided that the customer provides bank statements from other banks (12 months))
The Company raising the LPO should be in the approved authorized list of RFS
The Company raising the LPO should be in the approved authorized list of GPPA

Individual must have a valid registration with GPPA and posses a valid certificate
The borrower should be in business for a period of minimum of 2 years

Apply now