Standby LCs (SBLC)
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Letters of Credit (LCs)
Are you importing any items for use in the fulfilment of a contract or for onward sale? The bank offers a variety of documentary credit types which are financial instruments used in international trade to provide more secure methods of payment. A documentary credit is typically an irrevocable commitment by the bank on behalf of the importer or buyer (the
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Invoice Discounting
Our invoice discounting facility is crafted to maximize your working capital by advancing you a big percentage of the cash immediately against confirmed but unpaid customer invoices, rather than waiting for the full credit period. Benefits: With Finance Trust Bank, you can obtain up to UGX200 Million, unsecured under this arrangement Enjoy the fastest turnaround
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Certificate Discounting
This Finance Trust Bank offering is specifically designed for contractors, especially in construction, engineering, or service contracts with staged billing. We advance you a significant portion of the amount certified for payment but remains unpaid due to various reasons by the project owner. Benefits: Under our certificate discounting arrangement, you can obtain up to UGX200
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LPO Financing
We finance you against a confirmed Local Purchase Order (LPO) for supply of goods/services to a credible buyer. Do not delay that supply or turn down the offer due to working capital constraints, contact us for our flexible arrangements on LPO financing. Benefits: Finance Trust Bank does it with speed, get quick access to funds
Contract Finance
Whether you need to mobilize resources to kick-start the execution of works for your newly signed contract, or you aim to reach the next milestone during the project phase, our structured contract financing solutions will give you the financing you need to enable you complete that phase and get your certificate/invoice certified by the project
Payment & Supplier Guarantees
These Guarantees are well suited for you (a distributor, Trader, Contractor, Fuel Station, etc.) accessing goods/ materials on credit. Instead of borrowing funds to stock goods, Finance Trust Bank can give you a guarantee which you deposit with your supplier, who in turn delivers goods to you to sell and pay later (open account arrangement).
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Retention Guarantees
The project is complete, well done! However, the contract may specify that the project owner will retain a portion of the contract funds to be sure that the contractor will fulfill any outstanding obligations during the defects’ liability period. Well! You (the contractor) may need to access these funds to clear outstanding payments, or the
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