Stanbic Bolsters Support Of SMME Valid Orders

Monday, May 18, 2020

Stanbic's head of Trade, Business Banking Golebanye Mosweu

Stanbic Bank Botswana continues to financially assist SMMEs through the purchase order financing platform.

The bank's Head of Trade, Business Banking Golebanye Mosweu said the purchase order financing is a working capital solution used in the execution of a specific procurement of purchase and delivery of an order.

According to Mosweu, the solution involves a number of parties being the client, the bank, the off-taker and the order issuer or employer.

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