LPO Financing

This facility addresses the needs of customers involved in contractual businesses majorly supplying to established institutions.

Target Customer & Purpose
  • Financing upto 70% of LPO value
  • Interest of 2% per month
  • 90 days tenure
Features
  • Flexible securities
  • Quick turnaround
Benefits
  • Open Caritas MFB account
  • National ID/Valid Passport
  • KRA PIN Certificate
  • Business registration certificate
  • Resolution to borrow.
  • Duly filled loan application form
  • Twelve (12) months bank statement
  • Proof of previous LPOs serviced.
  • Valid LPO document
  • Undertaking from issuing institution
Requirements