LPO Financing Mikopo ya LPO
Funding for businesses in Tanzania to fulfil Local Purchase Orders and deliver to their clients on time.
Key facts
- Amount
- Up to 70%
- of the LPO value
- Repayment
- Up to 6 months
- Processing
- 24 hours
- once we have all the required documents
- Paying early
- No extra charge
- settle your loan whenever you are ready
About this loan
You have won a Local Purchase Order or a tender, but you need money to buy the goods before you can deliver. We finance up to 70% of the LPO value so you can fill the order.
Who it is for
- Suppliers and contractors with a valid Local Purchase Order
- Businesses that have won a tender and need funds to deliver it
What you can use it for
- Buying the goods or materials for the order
- Labour and transport to deliver it
How applying works
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Step 1: Apply online or at a branch
Fill in the short online form, or visit any of our branches.
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Step 2: We call you
A loan officer talks through your loan and tells you which documents we need.
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Step 3: Your loan is processed
Within 24 hours once we have all the required documents.
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Step 4: You repay
On the schedule agreed with you before you sign. Paying early costs nothing extra.
Questions about LPO Financing
How much of the LPO can you finance?
Up to 70% of the LPO value.
Do I need collateral?
Not always. Some clients qualify without collateral, depending on the LPO and their history with us. Your loan officer will tell you what applies to you.
What documents do I need?
A valid Local Purchase Order, your business registration details and a few basic checks. Your loan officer confirms the full list when they call.
How quickly will I get the money?
Most loans are processed within 24 hours once we have all the required documents. Your loan officer tells you which documents your loan needs when they call you.
Can I pay my loan off early?
Yes. Paying off your loan early costs nothing extra.
Kwa Kiswahili
Mikopo ya LPO
Umepata oda ya ununuzi (LPO) au zabuni, lakini unahitaji fedha kununua bidhaa kabla ya kuzipeleka? Tunagharamia hadi asilimia 70 ya thamani ya LPO, na mkopo unarejeshwa ndani ya hadi miezi 6. Baadhi ya wateja wanaweza kukopa bila dhamana, kutegemea LPO na historia yao nasi. Mkopo unashughulikiwa ndani ya saa 24 baada ya kupokea nyaraka zote zinazohitajika, na ukilipa mapema hakuna gharama ya ziada.
Turn purchase orders into delivered orders
Have a valid Local Purchase Order but need funds to fulfil it? We can finance up to 70% of the LPO value.
Photo by Ali Mkumbwa on Unsplash
Protect it with insurance
Bid and performance bonds to support the contracts and tenders you take on. Arranged through Greenhill Insurance Agency, GreenLife's insurance arm.