Are you looking at funding a work in progress or just looking for a stable capital financing; Sub-Sahara Capitals offers unique financing solutions for fast money deposit to meet urgent needs. Contract financing associated with the implementation of construction contracts or other contracting of all types, where projects have been assigned from governmental or semi-governmental organizations as well as the private sector and must have been granted letters of guarantee with sufficient liquidity to finance the costs of the project.
Contract Finance from Sub-Sahara Capitals also known as Invoice Discounting, unlocks lump sums of cash that are invoiced and are due to be paid to you. The program is designed to provide short term finance for businesses in order to undertake and complete works, prior to actually being paid for these services.
An SSC investor will loan a percentage of the invoice value and can also issue a Guarantee or Letter of Credit to a supplier once you have entered a Contract Finance agreement. As part of the deal, the invoice issuer will provide assurances and a guarantee fee that on the completion of the contract, the invoice will be paid directly to the bank.
Application for credit facilities in Banks' standard application form
Audited Financial statements for the last three years and interim financial reports
Bank statement (6-12 Months)
A copy of Trade License and Chamber of Commerce Membership Certificate
Constitution and Authority Documents for entities other than natural persons
Passport/National ID Copies of all Partners including Residence Visa page
Other documents at the discretion of the Bank
Please contact the Bank for further assistance
All business and corporate customers are eligible under the following conditions:
Invoices have to be drawn on a reputable private or public sector company or Government agency
The business or corporation must have a proven track record of performance with these services
Rates & Fees
Rates & Fees are risk-based and are a factor of the structure of the loan, which varies according to each case.