This is designed for selected supermarkets who deal in Fast moving Consumer goods (FMCG) and are willing to pledge their stocks as collateral.
- Facility Limit: Up to 50% of average monthly turnover in the immediate 12 months, subject to an upper limit of N200 million based on the category of the supermarket.
- Facility type: Overdraft
- Maximum tenor: 365 days
- Collateral: Stock hypothecation covering a minimum of 200% of facility amount
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