What it means for you
Fueling Trade, Empowering Businesses
The CalBank Import Finance Scheme is designed to help customers manage the stop gaps that arise as a result of insufficient funds needed towards the importation and clearance of goods at the port.
CalBank Import Finance Scheme
Partner with CalBank today and power your import business with confidence.
- The facility is meant solely for funding importation and clearing of goods at the port
- Tenor is up to six (6) months
- Maximum facility limit is up to 70% of the invoice amount after the client has made initial 30% or more of the invoice amount to the supplier or made it available in their account.
- Helps to address cash flow needs of clients
- Dedicated relationship officer is assigned to handle all activities in relation to the client’s account
- Flexible terms and conditions
- Maximum facility limit: GHS300,000.00
- The business should operate a preferred business account with the Bank
- Age limit is 18-59 years
- Submission of formal request letter
- Borrower should have a minimum average monthly turnover of 120% of amount requested
- Borrower should have made 30% or more of the invoice amount already to the supplier or make it available in their current account
- Borrower should have imported at least twice within the past twelve months
- Borrower should provide a minimum cash collateral of 25%
- Favourable Credit Reference Bureau Report
