LPO Financing
We offer financing against confirmed LPOs and invoices from reputable organisations.
Product features
- Each invoice or LPO is discounted by up to 70% of its face value
- Each LPO discounted is booked as a short-term loan for a maximum tenor of 120 days (4 months)
- 60 days (2 months) for invoice discounting
- The tenor of the facility also depends on the payment terms of the LPO or invoice
Benefits
- Enables you to meet your working capital requirements without disrupting your operations
Need more help?
Contact Orient Bank by phone or email, or visit any of our branches.