dedons:
Good day great Nairalanders. I urgently need help in financing an LPO to the tune of N1.5m.

I have tried all possible avenue to no avail.

Please help as suggestions are also welcome.

Thank you in anticipation.

ProtectMyMoney:


Try banks or loan companies.

How much is the profit on the LPO and what is the maximum payment time given by the company issuing the LPO?

I was once issued LPO by NAFDAC to supply Diesel. I financed the LPO by paying the Diesel supplier immediately he discharged the Diesel into the required storage tanks, thinking NAFDAC will pay me the following week as mentioned by the LPO issuer....for where!

One week, became two weeks, calling, visiting, etc etc, two weeks became one month, one month became two months, two months became four months before my money came out.

dedons:
I have tried but didn't get any.

dedons:
I have tried but didn't get any.

deltateam:


I see trouble looming ahead. Avoid huge loans you can't pay back. It will backfire.

dedons:
Oga this is a very simple and straight forward business LPO. I supply and get paid in 2weeks. Perhaps I'm dealing with a private establishment not the Government.