Short term financial solution to enable businesses carry out supply /service orders. This is targeted at companies (contractors/manufacturers/service providers).

• Amount Up to 50% of contract amount
• Duration/Loan Term Based on contract tenor
• Interest Rates 25% p.a.
• Collateral Requirements
• Domiciliation/Assignment of contract receivables to Aztec MFB
• Cheques that cover all the instalment of the loan.
• Fixed/ tangible asset with value higher than contract
• Frequency of Payment Depending on the transaction dynamics.

REQUIREMENTS / CONDITIONS

• Confirmation of award of LPO Contract by issuing company.
• Supply order has to be from an approved principal of AMFB.
• Minimum 30% equity contribution by contractor.
• Must have a current account with Aztec MFB.
• Domiciliation of contract proceeds with Aztec MFB.
• Evidence of similar contract (s) executed by customer.
• Proforma invoice or quotation for items to be purchased
• Bank statement for the last six (6) months for new customers
• Audited/management account of customer
• Good credit history
• Valid business registration and permit documents
• Resolution to borrow from company directors