TRACK RECORD
Transactions Completed
Amount: N30 million (N1m per unit)
Description: Agriculture Short-term Fixed Notes for the Preparation, Planting, and Cultivation of Castor.
Cover: Off-taker Agreement | Insurance Cover | Sinking Fund Account | Asset-backed.
Date: Dec-19.
Tenor:12 months.
Description: Asset-backed financing for the Purchase of 7 Coaster Buses for a Transport Company.
Cover: SPV Structure | Security Trustee | Operational Lease Agreement | Comprehensive Insurance Cover | Domiciliation of Proceeds | Sinking Fund Structure.
Date: Jun-19.
Tenor:3 Years.
Description: For the renovation & revamp of a Private Beach.
Cover: Securitisation of Guaranteed receivables | Sinking Fund Structure | Asset-backed.
Date: Nov-19.
Tenor:12 months.
Description: Asset Financing for the purchase of Pet Crusher for a recycling company.
Cover: SPV Structure |Finance Lease | Off-taker Agreement | Sinking Fund | Asset Collaterised.
Date: Mar-19.
Tenor:2 years.
Description: Invoice Discounting.
Cover: Domiliciation of Proceeds account | Asset Collateral.
Date: May-19.
Tenor:40 Days.
Amount: N2 million (500k per unit).
Description: Receivable Financing.
Cover:Domiliciation of Proceeds account | Asset Collateral.
Date: Oct-19.
Tenor:90 Days.
Description: Charcoal Export Financing.
Cover: Domiliciation of Proceeds account | FOB | Goods in Transit Insurance | Collateral Management | Warehouse Financing | Performance Bond.
Date: Jun-19.
Tenor:180 days
.
Description: For the renovation & revamp of a Private Beach.
Cover: 4000MT Cocoa Export Financing.
Date: Oct-19.
Tenor:210 days
.
Description: Contract Financing for supplies to the CBN.
Cover: Asset Collateral | Tracking of Proceeds.
Date: Sep-19.
Tenor:90 days.
PORTFOLIO
