Get Financing

Your business needs to be liquid to run its day-to-day processes. We are here to ensure that operations run smoothly so you can focus on providing the best service while growing your business.

Benefits

1. Flexibility in withdrawal

The customer can draw money as needed from time to time if the overdraft limit is not exceeded.

2. Low cost

The cost of borrowing is low since interest is only charged on the overdrawn balance.

3. Improved liquidity

It improves the customers’ liquidity position, allowing the business to run smoothly.

Don’t be caught in a mess. If you have a business emergency or need to service a particular need, then this is the financial plan for you. With the great rates and quick approval, you will literally be saving time and money.

Benefits

1. Friendly terms

Pay back the loan flexibly over a period of 6 months.

2. Quick approval

Enjoy a quicker approval and disbursement process for your loan and have your cash almost instantly.

Embark on a long-term project with the assurance that we have your back. This product is built to help you scale up by allowing you to take up a business mortgage or finance projects that will build your company.

Choose financing with great terms. We offer you long term loans for your projects or acquisition of infrastructure based on your projections. It doesn’t get any better than that.

Benefits

1. Allows you to run your project

It gives you the ability to get financing that is not tied to the project sponsor’s ability.

2. Tailored to project

Get a loan that is structured and driven by the specific characteristics of each project.

Through our resources, we are well placed to ensure that our corporate and institutional customers meet their financial and capital raising needs. Go Ahead with us.

Looking for long-term financing for a large project? A syndicated term loan is the best bet. Being a curation of various lenders, it works perfectly for both parties, allowing for diversification of credit risk for the bank and the full funding for the customer.

Through investing in bonds, you can raise funds for your short to medium term projects. With our expertise, we enable our clients to obtain financing for long-term projects and large ticket expenditure programs.

Benefits

1. Improved returns on project

By lowering the cost of funds, you will obtain a fixed or floating rate pricing from the market, thus improving the total return from your project.

2. Enjoy a fixed rate

Obtain fixed rate pricing from the bond market and thus lock-in your funding costs for the duration of the borrowing period.

This product enables clients to pay their premiums over time by reducing the financial strain of lumpsum premium payments. It covers assets such as houses, cars, trucks, medical insurance, office equipment, stock and more.

Benefits

1. Immediate insurance cover

Upon upfront first installment, BPR releases the total premium to the insurance company facilitating immediate insurance cover to the client.

2. Easy subsequent payments

Subsequent installments are paid monthly in advance through debiting customer’s current account

3. Insurance company acts as guarantor

The insurance company act as a guarantor in the event the client fails to honor their obligations.

4. Easy application process

Enjoy and easy application process that takes only 48 hours

5. Reduced pressure on working capital

Customers can enjoy relief from their working capital due to financing offered.

6. Flexible repayment terms

Repayment is friendly with amount spread out to a maximum of 10 installments

7. Early settlement options available

The option to settle the loan before specified repayment period is available.

8. Option in underwriters

Customer can choose from a wide range of underwriters available.

9. Flexible insurance products

Select from a wide range of insurance products available.

10. Competitive interest rates

Customers get to benefit from the competitive interest rates offered by the bank

What we need from you

• Tripartite Agreement to be signed by all three parties
• ID/TIN certificate of each individual and director
• Memo & Articles of Association of the company
• Certificate of Incorporation or Registration

Are you a business owner who wishes to lease assets for use rather than owning them? Then this product is ideal for you.

Benefits

1. Lessor owns the asset

The asset is in full ownership of the lessor, or business owner.

2. Includes interest, capital and VAT

Interest, capital and VAT are included in the lease charges.

3. VAT terms

The client will claim VAT input credits based on the lessor’s invoice according to normal VAT rules.

4. Has Residual Value (RV)

RV is between 15% and 30% depending on asset, with a guaranteed RPU (Repurchase Agreement) with the supplier or third party.

Note: Leasing terms and conditions may vary, depending on specific statutory regulations.

We have collaborated with dealer partners to ensure that our corporate clients enjoy the best rates during acquisition and leasing of fleets.

Benefits

1. Get full financing

Customers can enjoy full financing of the required amount for the lease

2. Lessor owns the asset.

The asset is in full ownership of the lessor, or business owner.

3. Lessee benefits

The lessee enjoys income tax deduction for wear and tear of the asset

4. VAT terms

The client gets to claim VAT input credits based on the financier’s invoice according to normal VAT rules. VAT is charged on each lease rental.

Letters of Credit help reduce the various risks that come with local and international trade. We support you by guaranteeing payment to your supplier after specified terms are met.

Benefits

1. Guaranteed payment

Payment is guaranteed by the issuing bank to the confirming bank, if compliant documents are presented.

2. Reduced risks

Risks usually encountered by the buyer are mitigated.

3. Allows multiple shipments

Allows for multiple shipments if quality of products and price are guaranteed by an independent pre-shipment inspection company.

4. Access to other credit facilities

Allows access to other products such as Pre-shipment Finance and Structured Finance

5. Timely delivery

Ensures that delivery and payment is completed within schedule

This short-term offer is primarily offered to exporters. We help finance your products and base your repayments on your export proceeds or funds owed by your buyers.

Benefits

1. Provides working capital

Helps to generate additional working capital to enable the client meet production demands

2. Flexible security requirements

Security requirements to take up this loan are dependent on amount.

3. Allows for large consignments

It facilitates the taking of very large orders

4. Affordable rates

Offers affordable rates compared to other borrowing facilities

5. Revolving basis

Accommodates re-borrowing after a specified period of time.

Sometimes your payments to your suppliers fall due before you are paid by your customers. With the Post-Import Finance Facility, BPR BANK will bridge the financing gap and give you flexibility with additional time on your credit.

Benefits

1. Extended credit period

Clients enjoy an undisclosed extended credit period, allowing for better rates negotiation with the seller.

2. Low rates

Enjoy lower lending rate (LIBOR, plus a small margin)

3. Offsets LC bills

Importers can pay the LC bills as they fall due instead of debiting the current account.

4. Low fees

It is ideal to use when client account is not in credit balance as the fees charged are much lower than the O/D.

When you receive an order from a known buyer but are unable to finance it from your own resources, BPR BANK will offer you LPO Financing to enable you to fulfil the order.

Benefits

1. Up to70% financing

Get financing of up to 70% of cost of items to be supplied.

2. Flexible security requirement

Security requirements to take up this loan are dependent on amount.

3. Low interest rate

Enjoy low interest rates on your loan

4. Quick approval process

Enjoy a quick approval process for your loan

5. 90 days or less payment disbursement

Disbursement takes a maximum period of 90 days depending on the terms of the LPO

When you sign a business contract and need a guarantor, we step in on your behalf to reduce the risk of non-payment or non-performance. BPR Band Guarantees are accepted both locally and internationally.

Benefits

1. Increase in liquidity

Client obtains credit hence increasing their level of liquidity

2. Immediate compensation

In case the customer defaults on payment, the beneficiary gets immediate compensation

Don’t stall your project due to any unreceived payments. Our working capital loan facility allows you to stay liquid pending any receipts or collection of payment for work already invoiced. This facility offers the benefit of managing working capital and cash flow requirements for the contractor such as wages, salaries and other supplier payments pending collections.

Benefits

1. Immediate access to funds

Immediate access to the proceeds of sales regardless of unreceived payment from customers

2. Simple process

Enjoy a simple application process for this credit facility

3. Simple security requirements

Enjoy additional working capital with simplified security requirements

This loan is extended to producers of products who do not have access to Balance Sheet Lending. The producer obtains liquidity by leveraging his inventories before the goods are sold in the market.

Benefits

1. Immediate access to funds

Immediate access to the proceeds of sales regardless of unreceived payment from customers

2. Simple application process

Enjoy a simple application process for this credit facility

3. Simple security requirements

Enjoy additional working capital with simplified security requirements

We enable the importation and exportation of goods by handling the documents presented in the required order. This could be cash against documents, acceptance documents and/or the banks guarantee.

Benefits

1. Low bank charges

Enjoy lower bank charges compared to LCs

2. Short processing time

Enjoy short processing periods and speedy payments

3. Assured payment

With the required documents, the importer enjoys a period of credit while assuring the exporter of payments

4. Flexible bill settlement

The drawee has flexibility on settlement of bills (especially for documents against acceptance)

5. No impact on customer’s credit lines

It bears no impact on the customer’s credit lines

This loan facilitates cross-border trade, where instead of standard security, the goal is to get repaid by the liquidation of a flow of commodities.

Benefits

1. Access to financing

Gain access to financing where no other financing is in place

2. Financing matched with trade cycle

The financing is corresponded with the producer’s production and trade cycle

3. Low debt to equity

It operates on off balance sheet financing, keeping debt to equity low.

4. Producer benefits from his record of accomplishment

Allows producer to benefit from his track record in a reduced risk environment