This presentation was delivered by Maina Ndirangu from Co-Operative Bank of Kenya at the AgriFin Financing Agriculture Forum 2012. This presentation describes its lending model, key success factors, challenges, and risk mitigating solutions in providing financial services to agri-cooperatives in Kenya.
These are the advantages of a bank guarantee/SBLC with EJ Finance?
1. Reduced financial risks
2. Guarantee of performance of terms & conditions of the contract
3. Better expansion opportunities for overseas businesses.
4.No advance payments
5.Proof of borrower’s credibility
6.Less documentation work
7.Legally backed-up by a recognized institution.
What is the difference between SBLC and bank guarantee?
Bank guarantee helps importers and exporters avoid the risk of non-payment and non-performance where standby letter of credit(SBLC) protects only beneficiaries. There is only a single bank in bank guarantee whereas SBLC involves a third-party bank (generally a foreign bank) also to cover both financial and non-financial risks of the guarantee.
Contact us today for more information:
Email:alex.larvin@ejflnance.co.uk Tel:+442081577445 Mob:+447459149840 Twitter:@AlexLarvin
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FRESH CUT BG/SBLC AVAILABLE FOR LEASE & PURCHASE.
We are an authorized financial consulting firm that work directly with top A rated banks like Deutsche bank and HSBC London to provide Fresh cut BG, SBLC, Project funding and Loan facilities to clients all over the world. We are also ready to work with brokers and financial consultants/consulting firms in their respective countries. Our Purchasing fee is: 32%+2% while Leasing fee is: 4%+2%. If interested, will be glad to share our procedures upon request via below email.
Mr. Chris Gardner, CFA
Email: chris.gardner.cfa@protonmail.com
T: +447956850454
Blog » Lending to Agri-Cooperatives: Kenya
Lending to Agri-Cooperatives: Kenya
This presentation was delivered by Maina Ndirangu from Co-Operative Bank of Kenya at the AgriFin Financing Agriculture Forum 2012. This presentation describes its lending model, key success factors, challenges, and risk mitigating solutions in providing financial services to agri-cooperatives in Kenya.
1. Reduced financial risks
2. Guarantee of performance of terms & conditions of the contract
3. Better expansion opportunities for overseas businesses.
4.No advance payments
5.Proof of borrower’s credibility
6.Less documentation work
7.Legally backed-up by a recognized institution.
What is the difference between SBLC and bank guarantee?
Bank guarantee helps importers and exporters avoid the risk of non-payment and non-performance where standby letter of credit(SBLC) protects only beneficiaries. There is only a single bank in bank guarantee whereas SBLC involves a third-party bank (generally a foreign bank) also to cover both financial and non-financial risks of the guarantee.
Contact us today for more information:
Email:alex.larvin@ejflnance.co.uk Tel:+442081577445 Mob:+447459149840 Twitter:@AlexLarvin
FRESH CUT BG/SBLC AVAILABLE FOR LEASE & PURCHASE.
We are an authorized financial consulting firm that work directly with top A rated banks like Deutsche bank and HSBC London to provide Fresh cut BG, SBLC, Project funding and Loan facilities to clients all over the world. We are also ready to work with brokers and financial consultants/consulting firms in their respective countries. Our Purchasing fee is: 32%+2% while Leasing fee is: 4%+2%. If interested, will be glad to share our procedures upon request via below email.
Mr. Chris Gardner, CFA
Email: chris.gardner.cfa@protonmail.com
T: +447956850454