Access working capital loan up to N2,000,000 to support SME business growth, business expansion and upgrade .
Minimum of 15% equity contribution for first time borrower.
5% monthly interest rate
Maximum tenor of (6) months
Two credible guarantors
Repayment is structured daily, weekly or monthly.
An obligor limit of N 2,500,000 applies to this loan
Post-dated cheques of Borrower is required for loan exposure of N100,000 and above
Two guarantor’s cheque is also required for loans above N300,000
Tangible securities for loans of N500,000 and above
Key-man insurance for loan exposure of N750,000 and above.
