This product is designed for For selected supermarkets or pharmacies who deal in Fast moving Consumer goods (FMCG) and are willing to pledge their stocks as collateral.

Facility Limit: Up to 2m but subject to average monthly turnover in the immediate 12 months, subject to an upper limit of N5 million based on the credit record of the supermarket/pharmacy
Maximum tenor: 12 months.

Collateral: Stock hypothecation covering a minimum of 200% of facility amount.