SMALL BUSINESS FINANCING- THE DYNAMICS
Finance is the basics of business. At Rhino Capital Ltd, we understand that the provision of money at the time when it is needed by a business, is truly the ultimate meaning of business financing. There two ways most businesses consider seeking finance; either Debt finance (money borrowed from external lenders, such as a financial institutions) or Equity finance (investing funds from other stakeholders in exchange for partial ownership in the business). At Rhino Capital, we are willing to consider both options.
In these trying times, most banks have a policy to lend money only to those companies that don’t really need it. The reason is simple, to most bank these companies are successful. Somebody need to remind the bank that every business no matter how big they are today, was once small and had a little beginning. Additionally, most banks are one-dimensional and only do one type of financing. They are not in a position to provide all the different types of financing small to medium-sized businesses need, including start-up businesses. Rhino Capital Business Financing, with our expertise and our partnerships with national, intercontinental & global financiers, we can provide the financing needs and required expertise to grow small businesses in Nigeria & Africa.
CONDITIONS.
The businesses to be financed must be mainly located within Nigeria and ultimately in Africa. We deploy different entities for business finance in other part of the World.
The business entity must be managed by a skilled and experienced team (otherwise to be provided by Rhino Capital.)
The business must be sustainable and promising in a long haul (document Studies & projection must be provided).
The business must have an achievable/realistic business plan and be profitable in the medium term.
The business must comply with international environmental, social and anti-money laundering standards.
In some cases, we require a fallback or security before funding certain business.
When working with SMEs Rhino Capital’s exit plans are conceivable in the long term.
