BANK OF AFRICA offers you the bridging loan, a cash credit, usually for a very short period of time, with a fixed maturity, implemented pending an assured cash infusion that will guarantee its repayment such as the release of a medium-term credit, the expectation of a state claim, a subsidy, an equipment premium, a tax recovery, a capital increase or a shareholder current account contribution, etc.
With this loan, you improve your cash flow by immediately having a cash advance corresponding to an amount up to 80% of the assured cash infusion. The reimbursement of this loan is made upon receipt of the expected revenue.
With BANK OF AFRICA's bridging loan, you can benefit from a temporary advance of funds for an upcoming cash flow, to optimise your treasury and focus serenely on your business.
Any company that is a client of BANK OF AFRICA and can justify the certainty of a future income and its collection date can apply for this credit.
To get the answers to your questions and benefit from this solution, please contact your BANK OF AFRICA customer advisor or contact our customer relations center on 08 01 00 81 00.