Contract financing is an excellent way for your business to access funding against a contract which you have already won.
Our LPO financing solution gives you access to cash flow to access the inventory to complete customer orders.
Free up funds from your unpaid customer invoices, helping you overcome the cash flow delay between invoicing and receiving payments.
Contract financing is an excellent way for your business to access funding against a contract which you have already won.
Our LPO financing solution gives you access to cash flow to access the inventory to complete customer orders.
Free up funds from your unpaid customer invoices, helping you overcome the cash flow delay between invoicing and receiving payments.
A fire on site. A collapsed excavation. A flash flood that washes away weeks of work. Construction sites in Kenya face real, unpredictable risks every single day, and a single incident can wipe out a project’s entire profit margin, or worse, the business behind it. Recolte Insurance Agency helps Kenyan contractors secure Contractors All Risk (CAR) insurance, so that one bad day on site does not become the end of your business. Contractors All Risk (CAR) insurance is a policy that covers construction and civil engineering projects against physical loss or damage to the works, materials, and site equipment during the construction period, along with third-party liability for injury or property damage arising from the project. It is one of the most important, and often most overlooked, forms of protection for anyone undertaking a building or infrastructure contract.
Construction is one of the highest-risk sectors in Kenya, exposed to weather damage, theft of materials and equipment, structural failure, and accidents involving workers or the public. Many tender documents already require CAR cover before work can begin, but even where it is not mandatory, going without it is a gamble few businesses can afford to lose. A contractor midway through a KSh 15 million commercial building project without CAR cover who experiences a site fire or structural collapse faces the full cost of rebuilding out of pocket, on top of the original contract obligations. A contractor with CAR cover in place submits a claim, receives support to rebuild, and keeps the project and the business on track.
Flamingo Towers, 7th Floor, Upperhill, Mara Road, Nairobi.
Tel: +254 727 777 555 / +254 783 777 555 / +254 20 785 6750
