Contract/LPO Finance
Contract/LPO Finance
ALPHA KAPITAL CONTRACT/ LPO FINANCE helps contractors finance the smooth execution of contracts/LPO’s awarded by approved MDA’s and trusted companies and NGO’s.
FEATURES / Benefits
> 6 months repayment period
> 8% monthly interest rate
> Gives customer access to working capital
> Gives customer the ability to carry out supply orders or contracts within the given time frame.
FEATURES / Benefits
> 6 months repayment period
> 8% monthly interest rate
> Gives customer access to working capital
> Gives customer the ability to carry out supply orders or contracts within the given time frame.
Requirements
> Written application (stating the amount, purpose and tenor of facility .
> 6 months statement of account.
> Duly completed loan application form.
> Two guarantors required
> Irrevocable Tripartite Letter of domiciliation from the award company, Alpha Kapital Mfb and the employer company.
> Letter of domiciliation of contract payment from Employer Company.
> LPO Supply paper
> Contract Award letter
> LPO finance tenor is not more than 3months.
> Undated cheques of current
> Guarantor’s consent and undated cheques
> Collateral
> Interest payment monthly and principal at maturity.
> 6 months statement of account.
> Duly completed loan application form.
> Two guarantors required
> Irrevocable Tripartite Letter of domiciliation from the award company, Alpha Kapital Mfb and the employer company.
> Letter of domiciliation of contract payment from Employer Company.
> LPO Supply paper
> Contract Award letter
> LPO finance tenor is not more than 3months.
> Undated cheques of current
> Guarantor’s consent and undated cheques
> Collateral
> Interest payment monthly and principal at maturity.