Inventory financing

This is Bank of Kigali's asset-based loan that allows businesses to use their inventory as a collateral to obtain a revolving line of credit. This loan can be used to buy more inventory for the business or to intervene through seasonal fluctuations in cash flow, among other circumstances.

Features and Benefits

  • Quick and convenient processing period
  • Provides a solution to seasonal fluctuations in cash flows and can help a business achieve a higher sales volume
  • Possible funding up to 60% of eligible inventory
  • Repayment period of up to 24 months
  • Processing period runs from 1 to 2 weeks

Standard Requirements

  • Quotations with details of items to purchase and amounts
  • Letter of request
  • Copy of ID or passport
  • Financial statements