When you secure a new project, it's time to invest. Whether it's paying for goods to be delivered, raw materials for your supplier, or labor costs, Project Backup Finance helps ensure you have sufficient funds. This allows you to purchase goods and services from your suppliers to use as raw materials for your work, even if you don't have credit terms with them.

Project Backup Finance is a loan designed to provide capital to SME entrepreneurs who have procurement/engagement contracts with government agencies, state enterprises, or sales agreements for goods and services with large private companies. This ensures you have enough funds to complete the work.

To be eligible, you'll need to provide a contract or official commercial document between you and your client (your trade debtor) for Lease IT's consideration. We can offer a credit line of up to 70% of the project's value, with quick approval within 7 days of submitting all required documents.

• Financial Support for Large Contracts: We help entrepreneurs with contracts from government agencies, state enterprises, or large private companies secure enough capital to execute their projects seamlessly.
• Support for G-Procurement: Lease IT provides Project Backup Finance to businesses that have successfully bid on projects through the G-Procurement system. Our financing acts as working capital from the start to the completion of your project.
• Boost Your Business Competitiveness: Our financing solutions help you increase your business's competitive edge and achieve your growth targets for every project you undertake.
• No Collateral Needed: You don't need to provide collateral. Simply assign the project's payment rights to Lease IT.
• Expert Guidance: With extensive experience in lending to SMEs that work with government entities, we deeply understand the G-Procurement process of government agencies, as well as the operational procedures of large private companies. We're here to provide financial consultation, with our officers offering advice and guidance every step of the way.
• Access to Other Lease IT Solutions: You can also leverage our other loan products, such as Bid Bond & E-Bidding financing, Leasing & Hire Purchase, and Factoring services.