MBCA Bank provides short term finance to traders who require immediate funding by discounting invoices due for payments from their creditors. The rate of discount is market determined and linked to that of bankers' acceptances.
Features & Benefits
- Discount rate is market determined
- Short term finance to SMEs who require immediate funding
- Improved availability of working capital
To achieve your business goals sometimes you need a helping hand. That’s why MBCA provide Order Financing to SME’s.
What do I need?
- Memorandum & Articles of Association
- Certificate of Incorporation / Registration
- Identity particulars of Directors / Authorised signatories
- Constitution (Informal Bodies)
- Minutes (Informal Bodies)
- Proof of Residence – Directors / Authorised signatories (Zesa/ Telone or Water Bills)
- Latest annual tax return to ZIMRA
- Passport photos of Directors and Signatories