Business Loan

This is a facility targeted at business people to assist them boost their business with working stock or to increase capital. One can qualify for amounts as high as 5,000,000 with a maximum repayment period of 6 months.

In Summary, Business Loans is used to finance Short Term Working Capital.

The repayment period ranges from 4 to 12 Weeks or from 1 to 3 Months. The loan size ranges between NGN1,000,000 to NGN5,000,000.

Features & Benefits

  • Competitive interest rates
  • Flexible repayment arrangements
  • Flexible Security Requirements
  • No penalty for early repayments
  • Interest Rate: Competitive
  • Minimum Amount Disbursable:  ₦1,000.00
  • Maximum Amount Disbursable:  ₦10,000,000.00