1. Brief Write up on the Applicant Company

  • History
  • Line of Business
  • Products, market and competitors
  • Ownership & Shareholding Structure i.e. Name of shareholder and % shareholding
  • Size of company in terms of Asset base, number of employees and turnover
  • Past performance

2. Management

Brief profiles of Directors and key personnel in the company. The following details should be provided:

  • Qualifications and Experience
  • Full Names
  • Age
  • Other Company Directorships
  • IDs for the Directors
  • Proof of Residence for Directors

3. Debtors/Creditors

  • Up to date aged debtors' and creditors' analysis must be submitted

4. Borrowings With Other Financial Institutions

  • Details of applicant's current bankers
  • Details of credit facilities with other institutions to include type, limits, outstanding amounts/utilization, and details of securities on the facilities

5. Financial Information

  • Financials for past 1 year i.e. Profit & Loss Statement, Balance Sheet; latest annual report will be ideal.
  • Latest management accounts
  • Cash flow projections covering period of loan (at least 12 months)
  • Standing orders (attach order documents for order finance)

6. Security

  • Details of security offered including estimated value. (negotiable)

7. Company Documentation

  • Certified copy of Certificate of Incorporation
  • Form CR14
  • Copy of Memorandum and Articles of Association
  • Any other information to support the application
  • Three months statement