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Short-term Business Finance
Managing cash flows is crucial to the success and growth of your business and at I&M Bank we offer quick, flexible and affordable business finance solutions.
What we offer
Overdraft: This is ideal for bridging short-term cash flow and working capital requirements. It allows you to withdraw funds from your business account in excess of the existing balance up to a pre-approved limit.
Invoice Discounting: This allows your business to access money upfront for invoices that are due for payment for goods or services that have been delivered. Instead of waiting for your customer to pay you, come to us for up to 70% of the invoice value to improve your cash flows.
LPO/Contract Financing: This allows businesses that have obtained Purchase Orders/Contracts to obtain the funding required to execute the LPOs or Contracts. We offer up to 70% of the value of the LPO or Contract at competitive interest rates and flexible terms.
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We are available from 9:00 AM to 4:00 PM Weekly.