We are a leading Nigerian financial services company that specializes in providing LPO (Local Purchase Order) financing options to businesses of all sizes. With our competitive rates, flexible repayment terms, and efficient loan processing system, we are dedicated to helping you meet your business needs.
Our Local Purchase Order Benefits
- Suitable for small, medium and large companies
- Easy access to cash flow
Case Study
Mrs. Adeola is the owner of a small trading company that specializes in the import and export of goods. She received a large purchase order from a new client but did not have the funds to purchase the goods needed to fulfill the order. After researching her options, she decided to apply for an LPO financing loan with our financial services company.
With her loan approval, Mrs. Adeola was able to purchase the goods needed to fulfill the purchase order. She was able to make affordable monthly repayments on her loan while continuing to grow her business.
Our LPO service is designed to provide you with the financial support you need to meet your business needs. Whether you need financing to fulfill a purchase order or to manage your cash flow, we are here to help you achieve your goals.
Our loan terms are flexible and can be tailored to suit your needs. You can choose to repay your loan in monthly or bi-weekly installments, depending on your preference. We also offer competitive interest rates, so you can enjoy affordable repayments throughout the life of your loan.
To apply for LPO financing, simply visit our website and fill out our online loan application form. Once your application is received, our team of loan experts will review your application and contact you with a decision within minutes. If your loan is approved, we will disburse the funds directly to your supplier, so you can fulfill your purchase order and continue to grow your business.
Frequently Asked Questions
Fundsworth LPO FAQ
We have compiled a list of frequently asked questions to provide you with answers to some of the most common inquiries about our LPO service.
What is LPO financing?
LPO financing is a loan facility that enables businesses to fulfill large purchase orders or contracts that they would not otherwise be able to fulfill due to cash flow constraints. LPO financing allows businesses to purchase the goods or services needed to fulfill the order or contract and repay the loan over an agreed-upon period.
What are the requirements to qualify for LPO financing?
To qualify for LPO financing, you must be a registered business in Nigeria, have a good credit score, and have a history of fulfilling orders or contracts in a timely and efficient manner.
What is the interest rate on LPO financing?
Our interest rates vary depending on the loan amount, repayment term, and your creditworthiness. We offer competitive interest rates that are affordable and transparent.
How much can I borrow with LPO financing?
We offer LPO financing options ranging from NGN 500,000 to NGN 50,000,000, depending on your business needs and financial situation.
How do I apply for LPO financing?
You can apply for LPO financing online through our website or by visiting one of our branches. Our loan application process is fast and easy, and you can receive a decision within minutes.
How long does it take to get LPO financing?
Our loan processing system is efficient, and you can receive a decision within minutes of submitting your loan application. Once approved, we will disburse the funds directly to your supplier or pay your outstanding invoices.
What happens if I miss a loan repayment?
If you miss a loan repayment, you may be charged a late payment fee, and it may have a negative impact on your credit score. We encourage you to contact us if you are experiencing financial difficulties, so we can work with you to find a solution that works for your business.
If you have any further questions about our LPO service, please feel free to contact us. We are always here to help you achieve your business goals.
