Corporate LoansNote Issuance Facility
A Note Issuance Facility is a standby credit agreement from a bank that permits a borrower to obtain financing on specific terms by way of the borrower issuing medium term notes which shall be sold to institutional investors and high net worth individuals.
Typically, because of the length of time it may take to structure an NIF transaction to the sale of the notes, it is not uncommon for the bank to arrange a "bridge" or short term NIF for the borrower to accommodate the borrower's needs between the time the notes are offered and funds are received.Trade Finance
Trade Finance involves the management of money, banking, credit, investments, and assets for international trade (import and export) transactions.
At Access Bank, we specialise in providing innovative solutions to complex Trade Finance transactions. We have developed a wide range of financial solutions for importers and exporters. These products are designed to assist you in managing your trade cycle efficiently. Through our in-depth knowledge of your business sector and our professional assessment of the inherent risks at every stage of your trade cycle, we can structure products that provide the working capital required for the different stages in the cycle.
Access Bank possesses the expertise, experience, resources and efficiency which have been amply demonstrated in the past to other customers and which we are willing to offer you.Syndications
Where a financing request or risk is too large for the bank, Access Bank shall invite other banks/lenders to jointly provide the financing. A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and managed by one or several commercial or investment banks known as arrangers.
Access Bank has an impressive record in arranging various syndicated credit facilities for leading companies and multinational customers in the past and is well placed to assist customers with syndicated finance for viable projects.
The syndicated loan market has become the dominant way for issuers to tap banks and other institutional capital providers for loans. The reason is simple: syndicated loans are less expensive and more efficient to administer than bilateral, or individual, credit lines.Distributor Credit Plans
The Distributor Credit Plan is a scheme established by Access Bank for the distributors of our large corporate customers as well as other distributors to encourage the development of small and medium sized enterprises in the country through the provision of competitively priced loans.
While the loans shall be provided by the Bank, we have also put in place a capacity building program to support the distributors in developing their businesses. Read More