Ranging from ZMW50,000 to ZMW2,500,000, Focus Financial Services offers an array of working capital products for small and medium scale enterprises (SMEs) that are tailored to enhance growth and long-term sustainability. Their working capital products include invoice discounting, bridge finance, order finance and bill discounting.
Working capital products
Features and benefits
Order and bridge finance
The company also provides risk management services to existing and potential clients. Focus General Insurance is committed to improving access to insurance products and services for its clients in order to protect what they have worked so hard to build and achieve, by offering a wide range of insurance products and services to serve the cross-cutting needs in the market.
Products and services
Under motor insurance, Focus General Insurance offers:
This policy covers:
Full third party
Focus General Insurance provides cover against:
Transit – Covered by Marine policy
Marine open cover
This provides automatic cover for regular imports and exports on a blanket basis or declaration basis, against losses and damage to the goods and from causes not specifically excluded on the policy. Terms and conditions are agreed upon at inception.
The policy is issued to clients whose imports or exports are not regular and it covers losses and damage to the goods from causes not specifically excluded on the policy. Cover ceases after goods are delivered.
Goods in transit
This is an annual policy , covering goods whilst in transit on land, road, air or rail within Zambia.
Material Damage – Covered by fire policy
Fire and allied liabilities
The company offers cover against:
This policy provides cover against the loss of profits and continuing fixed expenses resulting from a break in, commercial activities due to the occurrences of loss, destruction, or damage covered under the fire policy (material damage), to the property used by the insured.
The policy provides cover for loss or damage to office equipment, furniture and records against:
House owners or landlords
The policy covers the loss of rent receivables caused by an insured liability.
House holders or tenants
The Focus Group provides cover against theft accompanied by violence and forcible entry into or exit from the building as well as accidental damage or loss of contents whilst temporarily away from the premises.
Assets all risks comprehensive
Provides cover against loss, damage or destruction of the insured property resulting from any accidental cause during the period of insurance or any subsequent period for which the company accepts a renewal premium.
Encompassing crop, livestock and fisheries, this policy covers losses from adverse weather events including drought, excessive rains and storms. The policy is geared to ensure that farmers cope with major losses due uncertainties that they may face.
Casualty – Accident and Liability
This policy provides cover against the insured from legal liability claims presented by third parties in the event of an accident, bodily injury or damage to property that may be caused by the faulty or negligent act of workmen of the insured or of his sub-contractors.
The following are offered;
This policy covers loss of money belonging to the insured whilst such money is in transit or on the insured’s business premises. The policy may also cover:
This policy covers loss or damage to property contained in the business premises through forcible and violent entry or exit from the premises. The policy also covers damage to premises in the course of the theft or any attempt threat up to a stated limit.
Group personal accident
This policy covers accidental bodily injury or death caused solely through external violent visible means to individuals whether employed or not.
This policy covers direct financial loss sustained by the insured as a result of fraud or dishonesty of their payment employees, which result in dishonest personal financial gain for the employees concerned.
This policy covers all sums, which the insured shall become legally liable to pay as damages including all litigation expenses incurred but only with consent of the insurers from:
This policy covers an insured’s liability as an employer for the death, bodily injury or disease caused during the period of the insurance to an employee out of the course of their employment.
This policy will indemnify the insured against their legal liability for damages and claimant’s costs and expenses in respect of claims for breach of professional duty;
This policy covers loss or damage to the whole part of the property described in the schedule whilst anywhere in the world by any accident or misfortune not otherwise excluded.
With several years of team experience in investment and corporate banking, this company has raised capital in various forms including working capital, debt capital and equity capital.
Focus Capital investment banking solutions give businesses an opportunity to:
Focus products and services
Debt capital markets
This company assists clients to raise debt capital to finance their operations and growth, as well as expansion programs. Focus Capital facilitates market intermediation between issuers and investors; carrying out valuations, risk assessments and pricing of security instruments, and underwriting through buying of securities at a discount to on-sell to investors.
Equity capital markets
This product gives businesses an opportunity to raise equity capital for operations and expansion projects and includes a variety of other equity transactions for strategic purposes of clients including exit strategies for shareholders via initial public offering (IPO) and secondary market offerings.
Being a licensed dealer in securities, this company buys and sells securities in order to facilitate trading, liquidity and pricing of securities. The company's underwriting services also provides assurance of the funds being raised.
Structured finance and transaction advisory
Focus Group provides complex structured financing solutions and tax planning advisory to meet the financing needs and objectives of its client. The company's solutions are premised on leveraging the available fiscal advantages through transaction structuring, corporate reorganizations and business reconfiguration. Focus Capital takes full knowledge of the confines of their domestic and international taxation laws and ensure that their clients comply at all times with the applicable financial legislations.
Mergers and acquisitions
With the aim of creating and realising the most out of a transaction, this involves buying, selling, dividing and combining of assets and business entities. Focus Capital provides buy-side and sell-side advisory on mergers and acquisitions which involves carrying out due diligences, valuations, negotiations, pricing and structuring transactions, as well as providing procedures for implementation.
The company’s plans are tailored to help clients safeguard themselves and their families in the event of injury or death. Focus Life Assurance offers a wide selection of flexible, efficient and customer focused life assurance solutions that include:
Focus yield plan
Focus endowment plan
Focus educare plan
Focus baby care plan
Focus multiple plan
Focus lifetime plan
Focus sunset plan – Family
Category of choice for medical cover includes;
Group life assurance
Focus sunset group plan