At Bahrain Credit, you define your business purpose, we help you achieve it.
Our Cheque Discounting Facilities (CDF) and Invoice Discounting Facilities (IDF) are a flexible funding option designed to support small and medium enterprises (SMEs) by offering immediate liquidity access through discounting their clients’ post-dated cheques. This financial solution ensures a continuous flow of SMEs' working capital, expand your trading business, and enhance SMEs' business growth.
Features*:
Features of our CDF and IDF product include:
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Financial solution for small and medium size companies
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Precision liquidity (we provide liquidity to your business at the right time)
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Working capital funding
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Cost effective, short term lending
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Direct funding, no need for bank accounts
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Efficient and quick access to liquidity
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Easy and simple documentation
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Facilitate bigger and wider trading cycles
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Fast and flexible approval
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Competitve funding services.
Required Documents:
Minimum Financial requirements:
- For individual establishments: 3 years inhouse financials if not available, 2 years Bank statement
- For WLL: 3 years audited financials.
KYC Requirements:
- Company Profile
- Copy of valid CR/ license
- owners/shareholders valid ID’s
- WLL Documents: (memorandum/ article of association and any amendments, board resolution)
- Consents to generate Benefit CRB (for Company and joint/guarantors)
Disclaimer: BCFC may request additional information based on the company type
For enquiries contact:
* All features are subject to terms & conditions.
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