Stanbic Bank has introduced two trade finance products. To complement the ministry's initiative of economic diversification drive, the bank had to intervene to improve the situation by introducing Invoice Discounting and Purchase Order financing. One would be able to borrow money from the bank against future payments due to specific invoices.

These products were designed to unlock liquidity tied in one's business accounts receivable. Both platforms involved providing finance to banks existing and new customers who supplied products and services to their target customers. Some of the benefits of these products include increasing a business' cash flow.

There is no tangible security required.