Export Finance Term Sheet For Nigerian Exporters
Financely is an advisory firm that structures and coordinates export finance mandates for Nigerian companies. We prepare export finance files for lender review, support receivables and commodity trade structuring, test investor appetite and distribute eligible mandates to banks, trade finance lenders, private credit funds, receivables investors and commodity financiers.
Mandate fit: suitable for Nigerian exporters with confirmed buyers, export contracts, NXP readiness, clear logistics, quality controls, receivables visibility and repayment from export proceeds.
Standard Operating Procedure
Request A Proposal
Submit the export contract, buyer details, product, shipment route, funding need, collateral and repayment source. Start here to request a Nigeria export finance proposal.
Export File Review
Financely reviews the export contract, buyer quality, NXP status, shipment documents, proceeds route, receivables enforceability and lender fit.
Engagement And Retainer
If the mandate is viable, Financely issues an advisory engagement letter. After retainer payment, KYT, KYC, underwriting and lender distribution begin.
Structuring
We structure the pre-shipment, post-shipment, receivables, LC-backed, warehouse or commodity export finance package based on the export cash flow.
Lender Distribution
The mandate is distributed to banks, trade finance lenders, receivables investors, private credit funds, commodity financiers and structured credit investors.
Term Sheet And Closing
Lenders submit terms. The exporter selects the best executable offer, completes documentation, satisfies closing conditions and receives the facility.
Eligible Export Finance Structures
Pre-Shipment Finance
Working capital for procurement, aggregation, production, packaging, inspection, storage and export preparation.
Post-Shipment Finance
Funding against shipped goods, invoices, bills of lading, accepted documents and expected buyer payment.
Export Receivables Discounting
Discounting or lending against offshore buyer receivables, confirmed invoices and controlled collection accounts.
LC-Backed Export Finance
Facilities supported by confirmed or advised LCs, compliant documents and bank-validated payment routes.
Structured Commodity Export Finance
Finance for agriculture, minerals, energy products and eligible commodity flows with inspection and collateral controls.
Export Receivables Warehouse
Borrowing base or warehouse structures for repeat offshore buyers and diversified export receivables.
Indicative Pricing
| Structure | Indicative Economics | Nigeria Export Use Case |
|---|---|---|
| Pre-Shipment Finance | 10.00% to 18.00% p.a. all-in, or transaction pricing depending on buyer, collateral, commodity and export cycle. | Procurement, aggregation, production, packaging and logistics before shipment. |
| Post-Shipment Finance | SOFR / EURIBOR / SONIA + 4.00% to 10.00% p.a., or invoice discount pricing based on buyer quality. | Goods already shipped with expected payment from an offshore buyer. |
| Export Receivables Discounting | Discount rate depends on obligor quality, tenor, payment route, dilution risk and documentation. | Confirmed invoices, repeat offshore buyers and controlled collections. |
| LC-Backed Export Finance | Bank-dependent negotiation, discounting, confirmation and funding charges. | Exports supported by LC payment routes and compliant document presentation. |
| Commodity Export Finance | Quoted case by case. Pricing depends on commodity, margin, inspection, storage, buyer, logistics and repayment control. | Agricultural exports, minerals, energy products, raw materials and repeat commodity flows. |
| Export Receivables Warehouse | Base rate + 4.00% to 10.00% p.a., plus monitoring, reporting and facility fees where applicable. | Recurring export receivables, diversified obligors and scalable buyer portfolios. |
Pricing notice: all pricing is indicative and non-binding. Final terms depend on lender appetite, buyer quality, commodity type, export documentation, collateral, tenor, payment route, sanctions checks, FX risk and closing conditions.
Condensed Nigeria Export Finance Term Sheet
| Term | Indicative Position |
|---|---|
| Eligible Borrowers | Nigerian exporters, agro-exporters, commodity traders, manufacturers, distributors, mining suppliers, energy product traders and service companies with export receivables. |
| Eligible Exports | Agricultural commodities, processed goods, minerals, manufactured goods, industrial inputs, energy products and other eligible goods with compliant documentation. |
| Use Of Proceeds | Procurement, aggregation, production, packaging, inspection, inland logistics, port charges, freight, storage, receivables bridge and working capital. |
| Repayment Source | Offshore buyer payments, LC proceeds, export receivables, collection account proceeds, invoice payments or controlled trade cash flows. |
| Security Package | Receivables assignment, export proceeds assignment, warehouse receipts, inventory pledge, insurance assignment, collateral management, escrow, account control or guarantees where available. |
| Currencies | USD primary. EUR, GBP, AED and other major currencies may be reviewed. NGN structures are case by case. |
| Advisory Role | Financely advises on export finance structuring, document preparation, lender packaging, market sounding, lender distribution and term sheet comparison. Financely does not act as a bank or guarantee funding approval. |
Documents Required
| Category | Typical Documents |
|---|---|
| Export File | Export contract, buyer purchase order, pro forma invoice, commercial invoice, packing list, bill of lading or airway bill, inspection documents and Incoterms. |
| Nigeria File | NXP, NEPC certificate where applicable, CAC documents, quality certificates, Authorized Dealer Bank correspondence and export proceeds documentation. |
| Borrower File | Corporate documents, ownership chart, KYC, audited accounts or management accounts, bank statements, tax records and debt schedule. |
| Repayment File | Buyer profile, payment history, receivables aging, collection account details, export proceeds history and cash flow forecast. |
Financely Fees
| Mandate Type | Fee Position |
|---|---|
| RFQ Review | USD 500. Covers export file review and external consultation to assess market interest. |
| Routine Export Finance Mandate | Starting at USD 25,000 for pre-shipment, post-shipment, receivables or LC-backed export files with clean documentation and repayment route. |
| Complex Export Mandate | Quoted case by case for commodity-linked, collateral-managed, multi-buyer, multi-jurisdiction, structured receivables or warehouse facilities. |
| Third-Party Costs | Bank charges, legal counsel, inspection, collateral management, warehousing, insurance, escrow, due diligence and verification costs are billed separately where required. |
Nigeria Export Finance FAQ
Is Financely a lender?
Financely is an advisory firm. We structure the file, prepare the lender package, coordinate market sounding and support lender distribution. Funding decisions remain with banks, lenders and investors.
Can receivables from offshore buyers be financed?
Yes, where the buyer is credible, documentation is clean, the receivable is enforceable and collections can be controlled or verified.
Can commodity exports be financed?
Yes, subject to commodity type, buyer quality, inspection, storage, logistics, margin, title control, sanctions checks and repayment route.
Does Financely guarantee approval?
Financely guarantees the agreed advisory process within the signed mandate scope. Funding approval, pricing, advance rate and disbursement remain subject to lender underwriting, compliance and documentation.
How do we start?
Start with the RFQ. Submit the export contract, buyer details, NXP status, shipment route, funding need, collateral and repayment source. You can request a Nigeria export finance proposal.
Request A Nigeria Export Finance Proposal
Submit the export contract, buyer details, NXP status, shipment route, funding need, collateral and repayment source.
Request An Export Finance ProposalAdvisory notice: Financely is an advisory firm. The terms shown are indicative, non-binding and subject to lender appetite, bank approval, underwriting, KYC, KYT, AML, sanctions checks, collateral review, legal documentation and final credit approval. Financely does not guarantee funding, pricing, approval timeline or disbursement.