Evidence of contract /order from reputable institution and confirmation of order by beneficiary institution (Get invoices etc. to do supplies on behalf of the applicant).
JFSL staff to be part of supplies to beneficiary institution, if no security is provided.
Letter of undertaking from beneficiary institution to make payment to JISLAH Financial Services Limited at customer’s request or instructions..
Provision of security/collateral for loan may be required.
Maximum loan duration of six (6) months.
Inspection of applicant and guarantor’s work places and residences.
Local Purchase Order Financing
This is designed to enable clients undertake supplies to reputable institutions. Customer is required to instruct their clients to issue all payments in the name of Jislah Financial Services Limited / Joint names.
Benefits Of Local Purchase Order Financing
Competitive Interest Rate
Fast execution of contracts
Speed
Excellent Customer Service
Note: These requirements are subject to review during the loan process