Loans for
Small & Medium Enterprise
This is a product targeted at corporate institutions from designated sectors of the economy. Loan required towards working capital enhancement, bridge finance towards expected receivables or for the execution of jobs.
Apply NowRequirements
- Loan amount between N500,000 & N50,000,000
- Tenure between 60-180days.
- Securities: (Motor vehicle/ C of O of a Landed property)
- Posted cheques from beneficiaries and guarantors
- Minimum of 6 months Bank statement
- Interest rate of 5% and 4% upfront fees
- Financial statement (for corporate customers)
- Customers for LPO finance (LPO will be confirmed and domiciliation of payment will be pursued if possible)