Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, property, etc.)
You must have a physical business location with tangible evidence that you do business and that the business is yours.
Yes, at least one guarantor will be required for the loan process.
Proof of business ownership can be in form of shop rent receipt, invoices, goods/product receipt, etc (Evidence to show your business has been in existence within the stipulated period).
A valid ID-card and proof of business ownership.
No fee or mandatory account opening is required before you can get a loan from us. No COT on ABN account (zero COT on all ABN account types).
Our interest rate differs depending on the loan amount. However, it is very competitive.
It doesn't take longer than it ought to as long as the necessary requirements are adequately met (less than 3 working days).
What we offer are business loans for businesses that are already in existence/operation, and housing/house improvement loans.
Our minimum loan amount is N15,000 and a Maximum amount of N20,000,000. Both depend on the borrower’s repayment capacity assessed based on verifiable business inventory and other criteria.