Contract financing for Nigerian oil and gas contractors with signed contracts.
Financely structures contract-backed working capital for Nigerian contractors. We support oilfield services, drilling support, EPC, equipment supply, logistics and infrastructure service contracts where the contractor needs funding for mobilization, supplier payments, advance payment guarantees, performance bonds or receivables gaps.
Have a signed Nigerian oil and gas contract?
Submit the contract, payment schedule, supplier invoices, guarantee requirement and use-of-funds breakdown through our RFQ page.
Why Nigerian contractors need contract-backed working capital
A signed contract can still leave the contractor short on cash before the first certified payment lands.
Field setup and execution costs
Funding may be needed for personnel, equipment movement, fuel, insurance, HSE requirements, logistics and early project execution.
Imported equipment and vendor deposits
Contractors often need to pay foreign suppliers before the employer pays or before equipment is delivered to Nigeria.
APG and performance bond support
Employers may require an advance payment guarantee, performance bond, standby letter of credit or bank guarantee before releasing funds.
Invoice and milestone delays
Certified invoices can still sit inside technical approval, treasury payment cycles or employer-side processing queues.
Recurring service contracts
Where a contractor has repeat contracts or a pool of receivables, the file may support a larger asset-based lending structure.
Supplier and lender routing
Nigerian contracts can involve foreign suppliers, offshore payment routes, international banks and private credit lenders.
Contract financing structures we arrange
Each mandate is assessed by contract value, buyer quality, payment route, assignment rights, contractor margin and execution risk.
Mobilization finance
Bridge capital for contract setup, site readiness, equipment movement, payroll and operating costs tied to a signed contract.
Supplier payment finance
Funding for supplier deposits, imported equipment, purchase orders, vendor invoices and delivery-related costs.
Advance payment guarantee support
Structuring support where the employer requires an APG before releasing mobilization funds.
Performance bond support
Support for performance bond, standby letter of credit or bank guarantee requirements connected to contract delivery.
Receivables finance
Financing against certified invoices, milestone payments, approved receivables or payment obligations from credible employers.
Contract monetization
Asset-based lending against signed contracts, receivables, purchase orders, milestones, offtake agreements or contract pools.
Built for Nigerian oil and gas service contractors.
This page focuses on Nigeria. Typical files include oilfield services, drilling support, land rig services, EPC work, industrial equipment supply, logistics, infrastructure services and large contract pools with credible commercial or government-linked counterparties.
- Signed contracts are preferred.
- USD 10 million or more in annual contract value is the preferred starting point.
- Payment assignment, escrow, account control or receivables control improves bankability.
- Cross-border supplier and lender routes can be reviewed case by case.
Who this is for
The best files have clean contracts, clear payment terms, credible buyers and enough project margin to carry financing costs.
Mandates we can review
- Nigerian companies with signed oil and gas, EPC, supply or logistics contracts
- Contract value or annual contract pool of USD 10 million or more
- Credible buyer, employer or contract counterparty
- Clear scope of work, payment schedule and acceptance process
- Supplier invoice, cost breakdown and use-of-funds schedule
- Assignable receivables, escrow route or controlled payment account
Files that usually fail review
- Unsigned contracts, soft awards and broker mandates
- Unverifiable purchase orders or vague government letters
- No payment source, no margin and no security route
- Contracts with unclear termination or assignment provisions
- Transactions that fail KYC, AML, sanctions or source-of-funds review
- Requests based only on introductions or political access
How the intake process works
Start with the RFQ page. We review the file before any active engagement begins.
Clear pricing for contract financing mandates
Fees cover Financely’s review, structuring, underwriting preparation, packaging and capital-provider positioning. Lender fees, bank charges and legal costs are separate.
Initial file review, viability assessment and external consultation to test market interest.
Structuring, underwriting, document packaging and lender-ready financing presentation.
For diversified contract pools, receivables pools or larger programmatic mandates.
Cross-border suppliers, guarantee stacks, offshore SPVs, collateral layering or difficult risk profiles.
| Structure | Indicative lender pricing | Typical use |
|---|---|---|
| Senior receivables ABL | SOFR, EURIBOR or SONIA plus 3.50% to 8.00% p.a. | Certified invoices, strong buyer credit and controlled payment route |
| Private credit contract loan | 10.00% to 18.00% p.a. | Signed contracts with stronger margin and acceptable security |
| Purchase order finance | 1.25% to 3.50% per 30 days | Supplier deposits, equipment procurement and contract delivery |
| Milestone advance | 12.00% to 22.00% p.a. | Work completed against future milestone certification or payment |
| Warehouse line | Base rate plus 4.00% to 10.00% p.a. | Recurring contract pools and repeat receivable origination |
| Profit-share finance | Base coupon plus 5.00% to 25.00% share of defined gross or project profit | Higher-risk mandates where ordinary debt does not solve the gap |
Why this matters in Nigeria
Nigerian contractors are taking on larger scopes while local credit remains expensive and guarantee requirements remain common.
High funding cost
Nigeria’s benchmark policy rate was held at 26.5% in May 2026, keeping local debt expensive for contractors.
More indigenous participation
NCDMB reported Nigerian content at 61% in the oil and gas sector by Q3 2025 and announced a USD 100 million equity investment scheme.
More contractor demand
Local Nigerian oil companies are playing a larger role in onshore and shallow-water assets, creating more demand for qualified contractors.
What to submit for review
Better documents create faster feedback. Incomplete files usually slow down lender interest.
Core contract documents
- Executed contract
- Scope of work
- Payment schedule
- Milestone terms
- Termination provisions
Cost and supplier file
- Supplier quotes
- Proforma invoices
- Cost breakdown
- Gross margin estimate
- Use-of-funds schedule
Borrower file
- Company profile
- Financial statements
- Bank statements
- Corporate documents
- KYC and ownership records
Common questions
Can a Nigerian oil and gas contract be financed before the buyer pays?
Yes. The file needs a signed contract, credible buyer, clear payment obligation, workable margin and a receivable or payment route that can be assigned or controlled.
Can Financely help with advance payment guarantees and performance bonds?
Yes. We can structure the file for APG, performance bond, standby letter of credit or guarantee support where the contract and borrower profile are bankable.
What is the minimum contract size?
The preferred minimum is USD 10 million in annual contract value or contract pool value. Smaller files may be reviewed where the buyer, collateral, payment route and margin are strong.
Do you finance unsigned contracts?
Unsigned contracts, broker letters, vague award notices and informal promises are outside the mandate. A real review requires executed documents or a buyer-confirmed obligation that can move to contract quickly.
How long does closing take?
Routine files may move from complete intake to lender distribution within a few weeks. Funding timing depends on borrower diligence, buyer review, security, guarantees, documentation and lender approval.
Does Financely guarantee funding?
No. Financely structures, underwrites and routes qualified mandates. Funding remains subject to lender approval, compliance checks, documentation and final credit decision.
Submit the Nigerian contract and get a quote.
Send the signed contract, payment schedule, supplier documents, guarantee requirement and use-of-funds breakdown. Financely will review the file and confirm whether it is suitable for engagement.
Get A QuoteLegal notice Financely is a capital advisory and structuring firm. Financely does not guarantee financing approval, pricing, advance rate, guarantee issuance, collateral terms, closing timing or disbursement. All transactions remain subject to lender underwriting, KYC, AML, sanctions screening, credit approval, documentation, bank policy, borrower performance and final investment or credit committee approval. This page is informational and does not constitute an offer of credit or securities.