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Financing
Empowering Growth: Tailored Loans and Financing Solutions for Your Corporate Success
Letters of Credit
Allow us to support you by simplifying your local and international transactions. We provide Letters of Credit, committing to make payments to exporters/sellers on behalf of our clients (importers/buyers) as long as they adhere to the specified terms and conditions
Benefits
- enhance your creditworthiness in the eyes of the supplier.
- helps build confidence for more flexible and extended payment terms between the buyer and supplier.
Are you interested in Letters of Credit? Let’s give you a call back.
Letter of Credit Form
15 JAN 2024
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174 KB
Bank Guarantees, Bonds and Indemnities
Bid for business opportunities that may have seemed unattainable before with our unsecured bid bond facility of up to 10 million Kenya Shillings. Enhance the terms of your tenders and negotiate more favourable contract terms.
We offer the following types of bonds and guarantees:
- Bid bonds
- Performance bonds
- Customs bonds
- Advance payment guarantees
- Retention bonds
- Immigration bonds
- Shipping guarantees
Are you interested in any of the mentioned Guarantees & Bonds? Let’s give you a call back.
Bid Bonds
Kenya’s first online bid-bond solution enables you to secure your Bid Bond, securely and conveniently 24/7.
All Bid Bonds are issued digitally and in real-time by NCBA Bank Kenya through the portal www.beedee.co.ke to help you grow your business.
Benefits and Features
- Get Bid Bonds of up to KES 5 million without collateral or security cover requirement.
- Our Bid Bonds have tamper proof security features for verification purposes.
- Process a Bid Bond from the convenience of your office or anywhere, at any time.
- Get Bid Bonds at the best prices in the market.
6 Easy Steps to Access Bonds
- Visit https://beedee.ncbagroup.com/
- Get a Free Bid Bond quote through the website.
- Register with your email address, ID number., and phone number.
- Provide company details and directors for verification.
- Provide a board resolution duly signed by company authorised signatories.
- Request and pay for Bid Bond via M-PESA
Supplier Finance
Enhance your working capital cash flows with our supplier financing products specifically tailored according to your needs.
Features
- Flexible repayment structure to suit your firms trading cycle.
- Loan amount is negotiable subject to proforma invoice or LPO amount
- Maximum tenure 180 days subject to cash conversion cycle.
- Interest to be paid upfront at the time of disbursement with bullet repayment of principal at maturity
- Earn an improved credit standing and reputation due to timely payment
- Available in all major currencies.
- NCBA can negotiate with your suppliers and reduce trading costs with upfront payments facilitated by the loan.
- Repayment capacity determined by existing business and cash flow projection only.
LPO Financing
We provide financial assistance to clients with orders for goods or services, helping them overcome cashflow limitations. NCBA’s LPO Financing is specially designed for contractors and vendors to reputable organisations with undoubted payment records and for those contractors and vendors with a proven track record of delivering on their contracts. It ensures continuity of operations as immediate working capital needs are met.
Invoice and Certificate Discounting
Avoid delaying your projects because of outstanding payments. With invoice discounting you can maintain liquidity while waiting for the receipt or collection of payments for invoiced work.
Reverse Factoring
Fulfill payments to your suppliers at an accelerated rate in exchange for a discount. We will purchase recievables due to both your domestic and foreign suppliers at 100% of outstanding invoice amount less the finance cost. This will be on the strength of your future payment obligations which will be assigned to the bank.
Distributor Finance
This solution is offered to companies who distribute fast moving consumer goods or traded items. The financing allows you to purchase stock from suppliers and bridges the liquidity gap until you receive funds from the resale of the goods to retailers or end customer. You are assured a steady source of finance with credit limits tailored to your business needs.
Contract Financing
Get flexible short term trade loans to fund your trade transactions in your business journey from conception to delivery. Enjoy exclusive individual credit limits and flexibility based on existing and projected income streams.
Post import Financing
At times, the payment deadlines for your suppliers occur before receiving payments from your buyers. By Utilizing the Post-Import Finance Facility, NCBA will close the financing gap, offering you flexibility with extended credit terms
Structured Trade Financing
In need of bulk stock purchase financing? This solution provides financing for your bulk stock purchase while allowing you to use the same stock as collateral under Collateral management arrangement (CMA) for commodities and Collateral Financing Agreement (CFA) for oil marketing Companies. The intention is to get repaid by the liquidation of the commodity. This arrangement remains valid as long as your stock represents a globally traded commodity, such as petroleum for oil marketing companies or commodities like rice, sugar, tea, coffee, etc.
Documentary Collection
Via our documentary collections service, the bank manages the documentary process for both importers and exporters, serving as an intermediary for the collection and remittance of payments. Exporters instruct the submission of documents directly to the bank, with no assumption of non-payment risk by the bank from the importer.
Are you an importer or exporter and would like an end to end documentary management process?
Bill Discounting & Export Letter of Credit Discounting
This solution enables you to finance working capital for ongoing contracts by discounting confirmed unpaid bills and acceptances under letters of credit. This is subject to the accepted bill amount.
Are you interested in Bill discounting? Let’s give you a call back.
NCBA Signs Deal With Nala Payments Limited to Enhance Remittance Services to Africa
NCBA Bank has today onboarded Nala Payments Limited, a global fintech company specialising in remittance services to Africa, as a partner in settling cross-border payments.
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