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 Million unsecured
-
Enjoy the fastest turnaround time in obtaining cash against confirmed certificates.
-
Maintains the momentum of the project uninterrupted despite delayed payments by the project owner.
-
Increased profitability as costly project delays are avoided.
-
Improves the company’s cashflow without increasing debt levels.
Requirements:
-
An operational bank account with Finance Trust Bank
-
Copy of the certified certificate to be discounted.
-
Completed application form
-
Requirements for access to a bank loan
-
Unsecured options available.