Purchase order funding is a short-term viable credit option that provides capital to pay suppliers upfront for verified purchase orders. Mezcredit Finance Limited makes payment for goods supplied or services rendered in line with the terms and conditions of the purchase order. The tenure for Mezcredit LPO finance is usually 30 to 180 Days. This loan facility is designed to provide short term financing to small and medium scale retail customers with Purchase Order from reputable Nigerian organizations and Multinationals within a specified trade cycle, for facility to carry out supply orders. Our LPO finance is subject to a maximum tenor of 90 days with the option of 60 days renewal after the expiry of the facility. Loan Amount does not exceed 70% of cost of supply. Irrevocable Tripartite domiciliation of agreement in respect of Contract proceeds executed by beneficiary company. It is usually for purchase of goods within our borders.
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Get the financial support you need with MezCredit personal loans. We offer competitive rates, flexible repayment options, quick approval, and no collateral requirements. Apply online today for a hassle-free borrowing experience and take a step closer to achieving your personal goals.
MezCredit offers corporate loans with capital for business expansion, working capital support, and customized options. Competitive rates, flexible repayment terms, streamlined applications, and collateral options are available. Contact MezCredit for specific details and take your business to new heights.