Find answers to common questions about our financing solutions
MOREFIN Partners (Modular Resources Financial Partners) is a venture, project, and trade financing firm with a combined century of experience in financing. We provide funding solutions for businesses and projects in both local and international currencies. Our team uses battle-tested and tailored creative financing strategies to help clients secure the funding they need.
We finance a wide range of projects across various sectors, including but not limited to:
MOREFIN Partners primarily operates in Nigeria but has strategic partnerships with financial institutions around the globe, including in London, New York, Hong Kong, Panama, and South Africa. This global network allows us to provide financing solutions in multiple currencies and jurisdictions.
The application process begins with an initial consultation where we discuss your funding needs. You can start this process by contacting us through our website or by calling our office. After the initial consultation, we'll guide you through the documentation requirements and assessment process. Once all necessary information is provided, we'll work to structure a financing solution that meets your specific needs.
Required documentation typically includes:
The specific requirements may vary depending on the type and size of financing you're seeking. Our team will provide a detailed checklist based on your particular situation.
The timeline varies depending on the complexity of your financing needs and how quickly you can provide the required documentation. However, once all documentation is in place, we can typically provide funding within 5 working days. Our process is designed to be efficient while still ensuring thorough assessment of each application.
We offer a wide range of financing amounts to suit different project needs:
The specific amount available for your project will depend on various factors including the project type, scale, viability, and available collateral.
We offer a comprehensive range of financing options, including:
Our team will work with you to determine the most appropriate financing structure for your specific needs.
Collateral requirements vary depending on the financing type, amount, and risk assessment. Some financing options may require traditional collateral like real estate or equipment, while others may be structured around the project's cash flow or other security arrangements. We take a flexible approach and work to find solutions that fit your situation while managing risk appropriately.
Our interest rates start from 5% per annum, with specific rates determined based on several factors including:
We pride ourselves on offering competitive rates that reflect an understanding of the current business climate.
We offer flexible repayment terms ranging from 3 months to 10 years, depending on the financing type and project requirements. For capital-intensive projects, we can also offer grace periods or moratoriums on repayment until the project generates adequate cash flow. Repayment schedules can be structured as monthly, quarterly, semi-annual, or custom arrangements based on your project's cash flow patterns.
Yes, there may be certain fees associated with our financing solutions, which typically include:
These fees vary depending on the financing type and amount. We maintain full transparency about all fees, which will be clearly outlined in your financing agreement.
If you couldn't find the answer to your question, please don't hesitate to contact us.
Contact UsContact us today to discuss your funding requirements.