Ease your Business with NFC Bank
Structured banking solutions to support your company's performance and growth.
SMEs
SMEs / SMIs are the engine of the economy.
Every SME operates in a demanding environment. At NFC Bank, we understand these realities.
- Solutions adapted to activity cycles
- Local support
- Simplified access to financing
- Optimized cash flow management
Customised Corporate Accounts
Sole proprietorship / Partner account
Limited Liabilities & Corporate Companies
Credit Union
Association of Family Meetings/Cultural Associations/GICs
Religious Associations & Churches
Schools
Banks and other Financial Institutions
Bank Guarentees
Secure your commitments
Bank Guarantee is an irrevocable commitment by NFC Bank to pay an agreed sum, on behalf of our client, to the recipient of the guarantee in the event that our client fails to perform its obligations or liability to the beneficiary. The payment of the amount of the guarantee is done upon reception of the beneficiary written demand. Our Bank Guarantees require security in the form of cash held on deposit with us or real estate of a type and value acceptable to the bank.
- The Bank Guarantee (BG) issued by the Bank at your request in favour of a third party guanrantees payment in case of default or non-performance of a certain action/performance.
- BG is a formal and trustable source of undertaking to both buyer and seller and allow our customer to ease their cash flow in replacement for deposit requirement.
- BG can have an expiry date after which the guarantee automatically ceases.
- For the supplier or vendor, there is no need to hold or manage individual bonds.
Bid Bonds: We issue bid bonds to our eligible corporate customers with contracts to facilitate the biding process.
Start-off or Advance bonds: We also issue Start-off bonds to a customer who has been awarded a contract. NFC Bank gets into a contractual agreement with the customer to give an advance payment for the project to be started.
Performance Bond: NFC bank issues Performance bonds to its customers; that is, the Bank stands as a full guarantor to the full execution on the contract.
Banking solutions for your business
NFC bank provides customised corporate banking services to big enterprises and SMEs. Our relationship service provides comprehensive banking, financing, trade and payment solutions, together with industry expertise and a history of innovation.
Checking Accounts
Access a range of accounts designed to help you manage your day-to-day financial transactions.
Bank Guarantees
Our bank guarantees are professional services that secure legally-sanctioned transactions
Corporate Loans
A variety of financing options to support SME entrepreneurs, with convenient terms of repayment.
Corporate Loans
Choose the loan type that meets your needs
Commercial Loans
Let us help you achieve your financial goals with our low interest rate Commercial Loans.
Trade financing
Do you have trade transactions (local/international) and need financial assistance?
Advance on bills
Let NFC bank support your business by offering you our Bill Discounting Service.
Business Overdrafts
NFC Bank’s Business overdraft will enable you to manage variations in your cash flow.
Agric-loans
We provide agric – loans to support large and small scale farmers and agric – businesses.