When established business venture into new markets or a new product line they normally seek funding to finance the activities. Retained earnings are the cheapest form of finance, but if... read more →
Factoring is primarily used by smaller businesses to cover short term expenditures and liabilities. This typically includes firms with unpaid invoices and late debtors. Factoring in Nigeria is provided by... read more →
A bank loan is a form of credit which is extended for a specified period of time, usually on fixed-interest terms related to the base rate of interest, with the... read more →
A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. There... read more →
Hire purchase companies in Nigeria provide durable consumer goods financing including car loan refinancing for corporate clients, commercial and agricultural tractors and equipment financing, industrial equipment financing and leasing. What... read more →
Long term loans in Nigeria are usually associated with large capital-intensive projects with a tenor for more than five years. Merchant and development banks generally provide this type of facility... read more →
An import loan is a short-term cash advance (with recourse) that enables the customer as an importer to meet the customer‟s immediate payment obligations under a sight or issuance Letter... read more →
