Distributorship and Inventory Finance

The product is designed to provide financial support for distributors of large FMCG manufacturing companies, engaged in sales through vast distribution networks.

Under this programme, Diamond Bank provides working capital finance that Distributors require for stocking and selling of their products.

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Benefits to Distributors

  • It improves cash flow and provides opportunity for business growth.
  • Increases purchasing power of the distributor.
  • Facilitation of instant and direct payments to the corporate on approval of loan draw down request.
  • Easy application and a quick approval process with minimal paperwork.

Eligibility

  • Applicant must be a registered distributor.
  • A registered/incorporated business.
  • Applicant must have been in this line of business for at least one year.
  • Must have at least six (6) months statement of account.
  • Must be a creditable customer with no history of bad loan.
  • Must have a corporate account with Diamond Bank
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