Local Purchase Order (LPO) financing is one of the major credit facilities that bring a good return to the Customer. Local Purchase Order can be initiated by a customer who has an existing relationship with the bank and has been ordered by a company to supply goods or service within a period of time.

  1. It is a short term credit facility
  2. It helps the customer to execute secured contracts within the expected timeframe.
  3. It is an avenue for a customer to generate good profit
  4. It empowers the customer 
  5. Accessibility to credit facility
  6. It Increases customers’ wealth.