Loans & Advances
Strategic Financing Solutions Designed to Power Corporate Growth
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Loans & Advances
We provide a broad suite of Corporate Loans and Advances, including Business Overdrafts, Working Capital Finance, Local Purchase Order (LPO) Financing, and more — all tailored to meet the diverse needs of corporate organizations.
Corporate Business Loans
What Are Corporate Business Loans For?
Corporate Business Loans are designed for larger businesses and corporations with more complex financial needs. These loans provide substantial funding for expansion, acquisitions, or large-scale capital investments. Repayment terms are often longer, with custom structures tailored to the size and financial health of the business. These loans are ideal for supporting long-term growth strategies and large-scale business operations, often requiring more detailed financial documentation and stringent approval criteri
To apply for a Corporate Business Loan, please provide:
- Formal request letter
- Guarantor information
- Acceptable collateral
- Structured repayment through fixed installments over an agreed period
- Highly competitive interest rates designed to support business sustainability
Corporate Overdrafts
What Is a Corporate Overdraft For?
Corporate Overdraft provides larger businesses and corporations with the flexibility to handle substantial short-term cash flow fluctuations. It allows access to significant additional funds, based on company revenue and assets, and is usually arranged for a longer period. This solution is especially useful for managing large-scale operational costs, covering employee payroll, or facilitating complex supply chain payments.
To apply for a Business Overdraft, the following documentation and requirements must be provided:
- Copy of TIN Certificate
- Cash flow projections covering the entire repayment period
- Management and Company Profile
- Audited Financial Statements
- Market information outlining: Key suppliers, Main clients, Product lines, Competitors
- Application Letter stating the amount requested, purpose, and preferred duration (3, 6, 9, or 12 months)
- Board Resolution to Borrow (for Limited Liability Companies)
- Defined repayment source and program
- Collateral
- Perfected security documents
- Interest charged only on the amount overdrawn, ensuring cost efficiency
- Negotiation fee applies, based on the approved terms
Cheque Discounting
What Is Cheque Discounting For?
Cheque Discounting provides businesses with early access to funds by advancing payment on post-dated cheques. This solution is ideal for improving short-term cash flow and meeting urgent financial needs without waiting for the cheque’s maturity date.
To access the Cheque Discounting service, you must have:
- A functional and active account with the bank
- A valid post-dated cheque eligible for discounting
- Immediate access to funds before the cheque’s due date
- Competitive interest rates applied only to the discounted amount
- If the cheque is dishonoured upon clearing, the full value will be debited from the customer’s account
Local Purchase Order (LPO) Financing
What Is Local Purchase Order Financing For?
LPO Financing provides contractors and vendors with the working capital needed to fulfill confirmed orders from reputable organizations. It ensures that businesses can procure supplies, manage operations, and complete orders efficiently without cash flow interruptions.
To apply for LPO Financing, please provide:
- Application letter
- Board Resolution to Borrow (for Limited Liability Companies)
- LPO confirmation letter
- Payment domiciliation letter
- Security documents
- Guarantee forms
- Copy of the Local Purchase Order (LPO)
- Access to immediate working capital to support order execution
- Improved liquidity, enabling businesses to take on more projects
- Greater ability to fulfill orders within required timeframes
Asset Based Finance
What Is Asset Based Finance For?
Asset Based Finance provides businesses with access to working capital or term loans by using company-owned assets — such as accounts receivable, inventory, machinery, equipment, or real estate—as collateral. This financing option allows companies to leverage their existing resources to strengthen operations, support expansion, and improve cash flow management.
To apply for Asset Based Finance, please provide:
- Client’s application letter
- Board Resolution to Borrow (for Limited Liability Companies)
- Report on goods for warehousing
- Signed guarantee forms
- Insurance coverage for stock, machinery, equipment, and buildings
- Valuation reports for equipment, machinery, and real estate
- Valid business registration required for transparency and compliance
- Eligibility for leased developed properties within the Greater Banjul area
- Enhanced business capacity and increased wallet share
- Secure overseas transactions, supported and guaranteed
- Fast processing and turnaround time
- Opportunity to free up cash for other business investments
- Negotiable interest rates tailored to business needs
- Access to professional business advisory services
Working Capital Finance
What Is Working Capital Finance For?
Working Capital Finance is designed to assist established and expanding businesses that require additional liquidity to support their day-to-day operations. This solution provides short-term financial support to help companies manage inventory, production costs, payroll, and other essential expenditures that enable continued growth and stability.
To apply for Working Capital Finance, please submit:
- Client’s application letter
- Board Resolution to Borrow (for Limited Liability Companies)
- Memorandum & Articles of Association or Articles of Partnership
- Security documents, including any of the following:
- Land Certificates
- Title Deeds
- Certificate of Ownership
- Vehicle Insurance
- Stock Hypothecation
- Company’s Annual Accounts and Reports
- A guarantor who is an existing customer of the bank
- Insurance coverage on stock, equipment, and buildings
- Valuation reports on machinery, equipment, and real estate
- Requirement for valid business registration
- Eligible for leased developed properties
- Improved business capacity and increased wallet share
- Secured overseas transactions with bank guarantees
- Fast approval and turnaround times
- Enables businesses to free up cash for other investments
- Negotiable interest rates tailored to your business profile
- Access to professional business advisory services
Project Finance
What Is Project Finance For?
Project Finance supports the development and expansion of both new and ongoing projects. It is ideal for large-scale construction, industrial ventures, and capital-intensive investments. To qualify, applicants must maintain an existing banking relationship and submit a comprehensive, viable business plan demonstrating the project’s feasibility and projected returns.
- Insurance coverage on stock, machinery, equipment, and buildings
- Valuation reports for equipment, machinery, and real estate
- Must have valid business registration
- Eligibility for leased developed properties within the Greater Banjul area
- Increased business capacity and enhanced wallet share
- Secure overseas transactions, backed by bank guarantees
- Fast turnaround time for approvals and disbursements
- Allows efficient use of cash for other business investments
- Negotiable interest rates, tailored to project needs
- Access to expert business advisory services
To apply for Project Finance, the following documents and requirements are needed:
- Application letter
- Board Resolution to Borrow (for Limited Liability Companies)
- Building plan
- Architectural drawings
- Bill of quantities
- Certificate of occupancy
- Detailed feasibility study (mandatory for factory or industrial projects)
- Complete security arrangement details