A Tradelink transaction requires the following participants:

• A buyer or anchor – a large or emerging corporate company with a network of suppliers.
• Sellers – The suppliers/contractors/vendors that supply goods and services to the buyer.

The following steps will apply:

• Sterling Bank and Afreximbank team up with a corporate willing to offer the Tradelink benefit to its suppliers.
• A line of credit is allotted to the corporate which its suppliers can draw on whenever they desire.
• The supplier onboards on Tradelink.
• To access the financing, the supplier delivers goods/services to the corporate according to the terms of a purchase order or a contract.
• The corporate uploads the supplier’s approved invoice on Tradelink.
• The supplier goes to Tradelink and sells the invoice to Sterling Bank or Afreximbank at a discount.
• The supplier receives the funding in their bank account within a few minutes of a successful sale.
• On the invoice due date (agreed future date when the corporate is due to make payment), the corporate settles Sterling Bank a full payment of the invoice value.

Contact us through the enquiry form to find out if your buyer is enrolled on the Tradelink platform. If yes, we will walk you through a seamless onboarding process. 

Businesses under the following categories:

• Corporates in Nigeria with strong value chain networks comprising suppliers, vendors, or contractors.
• Suppliers supplying goods and services to these corporates.

Please send the following documents to our email [email protected]:

• A copy of your most recent audited financials.
• Proof of an existing trading relationship with your buyer or seller. These include invoices, account statements, receipts, and contracts.

We will assess these and reply to you with information on the next steps. 

Each financing is repaid by the buyer on the invoice due date.