Business Solutions
Get paid now, not later
Turn your unpaid invoices into immediate cash
Waiting for clients to pay can strangle your business. Invoice discounting lets you access the money you've already earned — so you can keep operating without interruption.
Your details are secure and never shared with third parties.
Get Paid While You Wait
EFL provides Invoice Discounting facilities to contractors who require short-term funding and who have executed their jobs and are awaiting payment. This enables such contractors commence or continue with new business cycles while awaiting payment from their employers.
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Loans are processed promptly after submission of relevant documents.
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Instant disbursement to your nominated account.
Interest Rate
5%
flat per month
Management Fee
5%
one-off charge
Transaction Charge
₦1 / Mille
per thousand naira
Requirements
Completed loan application form
Completed loan application form
Application Letter
Application Letter
Passport photograph
Passport photograph
LPO contract approval
LPO contract approval
Copy of certified invoices
Copy of certified invoices
Details of pledged security
Details of pledged security
Audited financial statements
Audited financial statements
Valid means of identification
Valid means of identification
Assignment of contract proceeds
Assignment of contract proceeds
From invoice to cash
Share Your Invoice
Tell us the invoice value, who owes you, and when payment is expected.
Quick Assessment
We evaluate the invoice and the paying party to determine how much we can advance.
Receive Advance
Our team calls you within 2 hours. Once agreed, funds are released to your account.
Settlement
When your client pays the invoice, the advance is settled. Simple.
Partnerships that help us
serve you better
We work with trusted institutions and ecosystem partners to make access to finance simpler, faster, and more reliable.
