Access Trade and FX liquidity for your business in 25+ currencies.
We work with an international financing partner to provide project, debt and equity financing with uniquely favourable terms designed to support the current and future funding goals of African ventures. In addition to growth capital, clients also enjoy access to trade
trade instruments executed in various currencies, including USD. Such transactions can be completed by providing much-needed FX liquidity. The FX solutions are regulated by the Central Bank of Kenya (CBK) and the Financial Conduct Authority (FCA) in UK.
Sectors Eligible for Trade Finance and FX Liquidity
Agriculture - sugar, grains, pulses and oils
Healthcare - equipment and materials
Manufacturing - equipment and materials
Industrial - equipment and materials
Energy - Gasoil, gasoline, fuel oil and petrochemicals
Trade finance tenure must cover 6 months (180 Days) to a maximum of 1 year with the option to refinance after maturity of the first lend.
The interest rate is the SOFR (Secured Overnight Financing Rate) market rate as at the time of the transaction plus 2%-3%, with a one-off processing fee of between 2%-3%.
This financing solution is suitable for clients with other bank financial obligations that have maximised credit limits and are seeking alternative financing.
How It Works.
ENQUIRY AND CONSULTATION
Please complete THIS FORM to get our team to contact you. Please note that the information you provide will help us prepare adequately for a productive consultation call.
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DUE DILIGENCE AND ONBOARDING
After consultation, thorough due diligence is carried out on your company as part of our Know-Your-Business (KYB) and Anti-Money Laundering (AML). You will be guided on which documents are required for this process.
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TRANSACTION PROCESSING
For FX transactions, you will be onboarded to a digital platform and assigned a unique User ID, which you will use for every transaction following a clearly defined process. For trade finance, our Trade Finance Team will be on hand to support.
TURN-AROUND-TIME – For FX liquidity, it takes 24 hours to effect or complete a transaction. It is therefore prudent to ensure that clients complete the process promptly to avoid unnecessary delays. For trade finance, upon successful completion of the KYC/AML process and acceptance of the deal structure, funds are disbursed into the client's designated bank account in 14-21 days less fees.
Value to Clients.
ADVANTAGES OF OUR TRADE FINANCE AND FX LIQUIDITY SERVICE
Access to various international currencies
Payments made to multiple corresponding banks
Settlement of cross-border payments in over 25 currencies
Access to ANY amount of USD for daily business needs, unlike using banks which impose limits on daily amounts clients can access
Rates are competitive; on par with prevailing international currency rates
Minimum Ticket for FX: starting from $100K
Minimum Ticket for Trade Finance: starting from $500K
Clients who transact FX regularly receive optimised rates
Quick turn-around-time for all transactions subject to successful completion of KYC and AML checks
Simple structures, that facilitate additional credit to enable clients to match their cash conversion cycles
Request a Callback.
Interested in our Trade Finance and FX Liquidity solutions? Please complete this form in as much detail as possible so our team can prepare for a productive consultation with you. If you need both Trade Finance and FX Liquidity, please complete all the fields that apply.
After the consultation, you will be required to provide the following documentation for KYC (Know Your Customer) and AML (Anti Money Laundering) checks and onboarding:
FX Liquidity
Company profile
Certificate of Incorporation / Business Registration from the country of registration
Up-to-date company shareholding
Company tax certificate
Company proof of address (Lease agreement or utility bill no older than 3 months)
Tax certificates for only Director or any 2 directors with more than 25% shareholding
Proof of address of only Director or any two Directors with more than 25% shareholding
Receiving account details for USD or any other currencies required
Any regulatory license that may apply to your sector (if any)
Trade Finance
Company profile
Certificate of Incorporation / Business Registration from country of business registration
Memorandum and Articles of Association (MEMARTS)
Up-to-date shareholding structure
Proof of registered business address (Utility Bill, Bank Statement, Lease Agreement)
ID of each Director and Shareholder (Front & back copy of National ID OR biometric page of passport)
Company tax compliance documents
Copy of tax ID of each Director & Shareholder
Supporting documents for underlying trade transactions (E.g. LPO, contract, Invoice, shipping documents)
Description of the trade transaction
Any regulatory license that may apply to your sector (if any)
CONNECT
UK: +44-20-8133-3629
KE: +254-703-468-774
MZ: +258-846-075-747
LONDON
71-75 Shelton Street, Covent Garden,
London WC2H 9JQ,
United Kingdom
NAIROBI
13th Floor Landmark Plaza, Argwings Kodhek Road, Nairobi, Kenya
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