First City Monument Bank Business Loans
SME DEVELOPMENT FINANCE FACILITY
This is asset finance for acquisition of commercial properties. To assist businesses, break free of restrictive lease agreements through acquisition of commercial properties such as office buildings, shopping centers, industrial warehouses, or apartment complexes suited to your budget and with the ease of long term repayment.
SME ASSET FINANCE FACILITY
To finance acquisition of new assets for the day to day business of SMEs. SMEs in all eligible industries including but not limited to Retailers, Wholesalers, Distributors, Manufacturers, Importers etc. the credit gives your business the opportunity to acquire that important machinery or equipment to increase efficiency and productivity.
SME WORKING CAPITAL FACILITY
Our Working Capital solutions are designed either as term or overdraft to support businesses with funds to satisfy both maturing short-term obligations and upcoming operational expenses. This way, day to day activities can continue without a hitch.
QUICK LOAN
We have two types of quick loan which are:
- Temporary Advance
- School Aid Facility
SME INVOICE DISCOUNTING FINANCE (IDF) FACILITY
To finance invoices issued by potential SMEs to eligible counterparties, SMEs operating within the service industry with diversified sources of income. These facilities allow your business to get prompt payment while we discount its invoice.
SME LOCAL PURCHASE ORDER (LPO) FINANCE FACILITY
To finance invoices issued by potential SMEs to eligible counterparties, SMEs operating within the service industry with diversified sources of income. These facilities allow your business to get prompt payment while we discount its invoice.
