Vendor Loan Scheme
Vendor loan scheme
Sage Grey Finance Limited, in partnership with Tradeplus, has developed a program aimed at financing vendors. This loan scheme offers vendors a credit facility of up to 70% of their total inventory value, capped at ₦1,000,000 ( One Million Naira) repayable over 3 calendar months. To qualify for this program, applicants must have an account with Sage Grey Finance.
The steps are as follows:
i. Create a Tradeplus Vendor account (tradeplus.ng)
ii. Sage Grey Finance Account Opening & Loan Application
iii. Approval in Principal
iv. Physical Inventory Verification
v. Offer Letter & Agreement
vi. Disbursement
vii. Repayment
