Les + BOA

Invoice Discounting

A special type of overdraft which mainly targets pharmacy, and private hospital and other reputable companies. The Bank ensures that cash is constantly available when clients submit invoice(s) to be discounted to finance the gap when the invoice payment is delayed by the other party.

Features 

  • Financing of up to 80% of the amount discounted on the invoice
  • Tenor – 6 months 

Requirements 

  • Invoice submitted are consider as collateral 
  • Open an account at BANK OF AFRICA - Rwanda 

Benefits 

  • Flexible repayment options 
  • Competitive interest rates 
  • Improve share wallet
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