Housing Finance Bank final week launched a new competitive Trade Finance Solutions campaign that is aimed at simplifying small business for traders.
By the campaign dubbed “Tambuza Business” (Transfer your business enterprise), the financial institution will be supplying cheap financing to aid acquire, sale and movement of merchandise and companies from sellers to customers locally and across borders.
HFB says Tambuza Enterprise Marketing campaign will be providing up to UGX 500M unsecured bid bonds in 24 hrs.
Shoppers also have entry to other quick-term services like Efficiency Ensures, Advance Payment Ensures, export and import financing, and working money remedies – Contract Finance, supplier finance, Bill Certificate Discounting, bill discounting, LPO funding and substantially a lot more.
HFB officials say the Tambuza Business campaign is made to catalyze financial progress by empowerment of enterprises with easy, inexpensive, and applicable fiscal solutions such as these.
The traders (importers, exporters, contractors, and regional traders) now have obtain to a wide variety of shorter-term goods and expert services to elevate their business enterprise.
This marketing campaign will promise all traders financial reduction on Trade Finance services, auto asset funding the place importations are expected and agricultural export, and identical day bid bond issuing. (24 several hours).
Housing Finance Lender features customized Letters of Credit score (LCs), which are a economical instrument that ensures payment to a supplier when unique conditions are satisfied. With LCs, small business house owners can be assured that their suppliers will be paid on time, which can help them develop more powerful relationships with their associates and avoid source chain disruptions and build trust-primarily based partnerships.
“Our Trade Finance answers are designed to supply our customers with unmatched value, and we are self-confident that this campaign will help them control their cashflow, command business enterprise risks, improve their creditworthiness, and get accessibility to operating cash.” – Handling Director, Mr. Michael K. Mugabi.
Housing Finance Financial institution proceeds to offer buyer-centric answers, and the Tambuza Company Trade Finance campaign is no exception. The lender encourages buyers to get edge of the Tambuza Company marketing campaign and rework their organizations.
We are assured that the marketing campaign will help firms in Uganda access the funding and help they will need to succeed”. – Angela Ndawula, Head Business and Institutional Banking.
All those intrigued should get in touch with our Trade finance group on 041-7-707595, by way of the 24/7 Make contact with Centre toll absolutely free variety 0800211082, on WhatsApp 0771888755, or ship an electronic mail to [email protected] or go to any Housing Finance Financial institution Branches closest to you.