What is loan based financing?
This is financing to enable the supplier to engage in supply chain activities in order to deliver a good/service to the buyer.
- Access to larger amounts of capital
- Competitive repayment terms
- Competitive interest rates
- No collateral requirements
LeasingLeasing
This is an asset financing solution allowing clients to acquire and utilize capital-intensive assets without primarily owning the asset. The financier – DCL (Lessor) purchases the asset and provides to the client (Lessee) who pays a pre-agreed monthly instalment to utilize the asset over a set period of time.
- Preservation of Capital
- Improved Cash Flow Management
- Access to Up-to-Date Equipment
Insurance Premium FinancingInsurance Premium Financing
A short-term loan solution tailored to enable clients pay for their annual insurance premium and repay in pre-agreed monthly instalments over a pre-agreed period of time.
- Preservation of Cash Flow
- Asset Protection
- Risk Management
Frequently asked questions
Here's something to know we get sit down.
What is the difference between post-performance and pre-performance financing?
Post-performance is financing after you’ve delivered the product/service to the buyer and are awaiting payment wile pre-performance is financing before you have served the client.
How many invoices/transactions can I finance?
There is no limit to the number of invoices and transactions you can finance, however there is a limit on the balance due to DCL that a client can hold at any given time.
Who is eligible for financing?
Clients must the following criteria:
- Has been in operation for 1+ years
- Has banked with current bankers for at least 6 months.
- Maximum three unpaid items in the last 6 months
- No past due to LCs, loans or interest arrears in the last 6 months
- The business should not be on the prohibited list as defined in Credit Policy
How long does the application process take?
Subject to provision of pertinent documents and results of security perfection, the process can take as little as 48 hours.
Still got questions?
If you cannot find the answer to your question in our FAQs, you can always contact us. One of our financing experts will be happy to help.
