The product is designed to provide short term financing needs to Hospitals, Medical Centres, Optical and Dental Clinics against their receivables from clients on retainership and other cashflow.
- Facility Limit: Up to 50% of annual turnover in the immediate 12 months, subject to an upper limit of N50million.
- Facility type: Overdraft
- Maximum tenor: 365 days
- Collateral: All Asset Debenture OR Legal Mortgage with minimum collateral adequacy of 150% of the facility amount
Chat with us on WhatsApp at 09153933333, Call us on 070077684387
