Purchase Order Finance ~Requirements~

Transcription

1 Purchase Order Finance ~Requirements~ we understand growth and what It means to you and your business Impetus Botswana Plot 131 Unit 8 Nkwe Square Gaborone International Finance Park Gaborone, Botswana Tel: : Fax : [email protected]

2 Rev. May 2010 IMPETUS FACILITY APPLICATION REQUIREMENTS Company Documentation 1 Know Your Customer (Each Director ) 2 Know Your Company Detail Sheet 3 Certificate Of Incorporation (Form 3 or 4) 4 Lists all Directors Of Company (Form 2 or 13/14) 5 Notice Of Situation Of Company (Form 5 or 15) 6 Certificate showing Share Holdings (Form 4 or 8) 7 Tax Clearance Certificate (Must be valid ) 8 VAT Registration Notice Of Registration Letter 9 Valid Trading Licence or Grading for Construction Companies 10 Brief Company Profile 11 Cancelled cheque of each of the accounts the company operates (All Banks) 12 Certified Copies of Directors Omang (Citizens) or Passport & copy Of resident permit ( Not Citizens ) 13 Shareholder certificates 14 Bank Statements dating 6 months back of Company 15 Company Resolution : Stating that the board hereby applies for facility from Impetus, ( all directors auth ) Deal Documentation 16 Application Fee - P Original Purchase Order / Contract 18 Supplier Pro-Forma Invoice / Quote (Must include Supplier full banking details ) 19 Copy of your quotation to your client 20 Letter To Impetus Applying For Facility 21 Resolution (Impetus Template) 22 Ceeding Letter - (Impetus Template) 23 Security (a percentage of deal) Please note that the above list of requirements may change from time to time, without prior notice

3 Director Details Form Rev May 2010 KYC-1 Director Details : Director Of Company Name : First Name Of Director : Middle Name Of Director : Surname Of Director : Title : Mr. Mrs. Miss. Dr. Director Since : YEAR Residential Address : Postal Address : Are You Are Shareholder in the above mentioned company? YES NO If YES what is your current shareholding percentage %? % Identification Details : ID Type Omang Passport No : Nationality : Contact Details : Tel ( w ) Tel ( h ) Mobile : Next of Kin Details : Title : Mr. Mrs. Miss. Dr. Relationship Full Name : Tel ( w ) Tel ( h ) Mobile : Occupation : Work Place : Residential Address : By signing this I agree and acknowledge that : - the above information provided by me is correct, and further that the above information is true. - the above information can be verified and I give authority to Impetus to verify the above information. Signed at : On this the. Day of, 20. Sign :.

4 Company Details Form Rev May 2010 KYC-2 Company Details : Business Name Industry Type : Contact Name Designation: Company Reg No. VAT Number Years In Buss Physical Address Postal Address Tel No. Fax No. Web Site Company Secretary : Business Name Contact Name Designation: Tel No. Fax No. Bankers : Bankers Branch : Acc No : By signing this I agree and acknowledge that : - the above information provided by me is correct, and further that the above information is true. - the above information can be verified and I give authority to Impetus to verify the above information. Signed at : On this the. Day of, 20. Sign : Company Stamp:.

5 PURCHASE ORDER FINANCING FOR YOUR MANUFACTURING, DOMESTIC OR INTERNATIONAL FINANCING NEEDS Purchase Order Financing is one of the products we offer. In fact, IMPETUS is the No 1 source for Purchase Order Finance in the country. We offer our clients a broad selection of Purchase Order Financing solutions. IMPETUS provides for Purchase Order Financing to Botswana based companies with a proven track record in their industry. Our areas of expertise include production finance for work in Process and Letters of Credit for trade finance, including import and export transactions as well as domestic trade purchase. IMPETUS works in conjunction with factoring or accounts receivable financing sources to provide a complete business solution to turn purchase orders into invoices and CASH- and we do it FAST! IMPETUS offers many creative solutions for financing businesses. Companies searching for inventory financing, equity investment, working capital financing, transaction management assistance or cash flow funding may find that IMPETUS Purchase Order Financing may better fulfil their needs. The Benefits of Purchase Order Financing include the following: Allows companies to grow without increased bank debt or selling equity Helps timely deliveries to customers Increase market share Receive discounts from suppliers Allows companies to make larger profits by fulfilling larger orders Flexible funding-fast IMPETUS Criteria IMPETUS focuses on your transaction. Unlike traditional finance sources IMPETUS is not solely concerned with the balance sheet and income statement. Final credit decisions are made based on three key criteria. Management Expertise IMPETUS finances companies with proven expertise in their field, even if they are a start-up. Reliable Sourcing IMPETUS funds transaction with suppliers/subcontractors who have a proven track record. Valid Purchase Orders IMPETUS will provide financing based upon valid purchase orders issued by Government, Parastatals, City Council and creditworthy companies. IMPETUS finances Growth Opportunities For Growing Businesses.. Definition; Impetus: the force or energy with which something moves