LOCAL DISCOUNTING
The Local Discounting
Facility provides short term
financing in the form of a
discounting facility where
90% of the invoice value of
local sales is provided to
you in the form of a loan to
your company to be repaid
from the assigned proceeds
of the payment from your
Buyers. The objective is to
bridge the gap between the
settlement of production
costs and the receipts from
local sales. As such, this
Facility allows you to
accelerate your company’s
cash flow position and
shorten your operating
cycle. |
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