Procurement & Contract Financing-i (PCF-i)
At Bank Islam, we believe in sharing our expertise to assist you with your business requirement in Contract Financing. We provide innovative structure to customize your funding requirement
Facilities offered
- Business Financing-i
- Multi Trade Facilities
- Bank Guarantee-i
- FOREX Line (case to case basis)
Margin of Financing
-
Business Cash Line-i
- To finance general expenses, overheads, administrative, material, sub-contracts wages Multi Trade Facilities
- To facilitate purchase or sales of goods under the contract financed Bank Guarantee-i
- Tender Guarantee
- Performance Guarantee
- Advance Payment Guarantee
- Other guarantee required as per contract requirement
Benefits
- Minimum upfront security
- Customized structure to meet all contract requirements
- Combination of cash and non-cash facilities
Eligibility
- Main Contractors / Nominated Sub-contractors / Vendors / Suppliers
- Minimum of (3) years performance track record
- Registered with the relevant Licensing or Certification Bodies
- Contractor awarded by Government, Government Bodies, GLCs or other Corporate Companies acceptable by the Bank
How to apply