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Message: Creation of dynamic property Product::$output is deprecated
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A PHP Error was encountered
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Message: Creation of dynamic property Product::$input is deprecated
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A PHP Error was encountered
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A PHP Error was encountered
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Message: Return type of CI_Session_files_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
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Invoice Discounting Loan | Amicus Finance Limited
Requirements
To qualify, the applicant must:
Be a supplier who has issued an invoice and is waiting for payment at some future date but not later than 30 days from the date of application for the loan.
Be able to supply a commitment from the person to whom the invoice has been issued undertaking to channel payment(s) for the invoice through the Company
Furnish a certified copy of a valid ID (driving licence, national ID, voter's ID).
Furnish a certified copy of TIN.
Furnish one recent colour passport sized photograph.
Furnish a certified copy of the certificate of incorporation/registration (if the group has been registered).
Sign the requisite loan agreement.
Terms
Repayment period ranges from 1 to 2 months (maximum).
There are no penalties where the borrower opts to discharge financial liability before the end of the contract term.
Amount
75% of the value of the invoice to the maximum loan amount of TZS. 25,000,000.00
Access to Facility
The customer will be able to access the facility within 24 hours upon receiving a notice of approval which may be sent either physically or electronically.
