If You Can Access A Bank Loan, Then You Can Access Commercial Papers

If You Can Access A Bank Loan, Then You Can Access Commercial Papers

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Top 10 Most Expensive Universities In Nigeria

For many Nigerians, high-quality higher education is a luxury. There are many private universities who are known not only...

Midea Showrooms And Stores In Nigeria

If you’ve been wondering where Midea showroom and stores are in Nigeria below is a list of Showrooms and...
- Advertisement -
- Advertisement -

For any organisation, the overall success of any project is largely dependent on the availability of resources, especially funding. While most companies are able to put in the time, productivity, and human resources to deliver top-notch products and services, these efforts can be sabotaged by insufficient capital. It is important for medium-to-large enterprises to be abreast of available and accessible funding options, in order to competitively price both planned and unforeseen debt raise.

The use of Commercial Papers (CP’s) as a viable source of funding working capital projects, is on the increase, especially amongst corporate organisations. FBNQuest has also played a critical role in onboarding real sector issuers. Before the re-emergence of the CP market, organisations naturally leaned towards traditional bank debt (overdrafts and short term loans) to finance working capital and capital expenditures, largely due to the obscurity around accessing the alternative money and capital markets instruments. However, an interesting point to note is that if your organisation can access a bank loan, then it can access Commercial Papers. Commercial Papers make a much better alternative as they offer a lower interest rate.

Read:  FBNQuest Merchant Bank Receives Accolades For Impactful Deals
Read:  Okomu Set to Commission Two New Oil Palm Estate Estate

Institutions like FBNQuest hand-hold clients and simplify the process of CP issuance.

According to the merchant bank, below are quick tips to accessing a Commercial Paper:

  • Consult expert financial advisors to guide you through the process
  • Ensure best practices in corporate governance are in place
  • Provide your organisation’s audited financial statements

The process of CP issuance can be straightforward and seamless when guided by an experienced adviser. For investors, FBNQuest also supports the process of application, allotment, settlement and redemption at maturity.

Visit www.fbnquest.com/merchantbank for more information about commercial papers.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Will Facebook Become A Bank?

Facebook founder Mark Zuckerberg may regret the day he supported the idea of more regulation and higher taxes for the tech...

Vinpearl Announced Its Strategies to Expand International Markets and Aviation Cooperation

HANOI, VIETNAM - Media OutReach - 25 February 2020 - On February 20, 2020, Vinpearl JSC announced its strategies to expand international markets to many countries and...

9mobile To Invest 220 Million USD in 4G Expansion in Nigeria

Bouncing back from the rough 2019, 9mobile has announced its plan invest $220 million in the expansion of its 4G LTE to more Nigerian...

Lucky LaLiga Fans To Watch ElClásico With Their Barça & Real Madrid Heroes

Real Madrid and Barcelona supporters in Nigeria, Mexico and Colombia can view Sunday’s hugely awaited LaLiga ElClásico in the presence of legends and LaLiga...
%d bloggers like this: