Congratulations on winning the contract, If the provisions of the contract allow you (Contractor/ Supplier) to access advance financing from the project owner against an advance payment guarantee (APG), look no further than Finance Trust Bank to get your APG. Our flexible collateral requirements on APGs set us apart, as we aim at allowing you to access the much-needed funds to start the project. Our pricing is competitive, and our turnaround time is superb. Contact us via any of our branches!
Benefits:
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At Finance Trust Bank, you only need to pledge partial collateral to access an APG.
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An interest-free alternative to direct borrowing during project execution.
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Strengthens the contractor’s negotiating power for more advance funds.
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Competitive pricing offered by Finance Trust Bank.
Requirements:
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An operational bank account with Finance Trust Bank
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Completed application form
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Copy of the signed contract
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Evidence of past contracts executed by the applicant
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Company profile
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Collateral contribution (Usually covering just a percentage of the APG amount)
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Documents to support borrowing depending on the sector and structuring agreed