This is a facility that is specifically suited to sellers and other businesses for covering working capital needs including procurement of raw materials, labour, packing costs, and other pre-shipment expenses to allow seller to fulfil timely delivery to its buyer(s).
Product checklist
Financial Information
- Audited financial statements for the past 3 years
- Management accounts
- Cash flow projections (aligned with the facility tenor).
- Projected balance sheet, income statement and cash flow statement for the duration of the facility (applicable for term loan facilities only)
- Bank statements for the past 12 months (all currencies)
- List of stock and debtors – categorised by age
- Copies of existing contracts
Non-financial information
- Certificate of incorporation
- Business licence
- Tax clearance certificate
- Memorandum and articles of association
- Loan application letter
- Board of directors’ resolution to borrow
- Company profile.
- Consent to check company and shareholders’/directors’ information in the Credit Reference Bureau
Frequently asked questions
Apply for purchase order financing today!
Call us: 0800750078 (toll free), +255 (0)746 882 000 (network charges apply). Available from Monday–Friday 08:30– 17:00 p, *Saturday from 09:00-14:00 *Excluding Sundays and public holidays
Email us: talktous@absa.co.tz
Need more help?
Call us:
0800750078 (Toll free)
+255 (0)746 882 000 (Network charges apply)
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