Loan Accounts

Payday Loan

This is a facility designed to meet the urgent needs of salary earners in the private establishment. It is structured against salary.

Features

  • The net salary determines the loan amount to be availed.
  • Affordable interest rate.
  • Seamless service delivery.
  • Convenience in repayment
  • Flexible tenure up till 365 days.

Payroll Loan

This is a facility designed to meet the urgent needs of salary earners in the public establishment. It is structured against salary.

Features

  • The net salary determines the loan amount to be availed.
  • Affordable interest rate.
  • Seamless service delivery.
  • Convenience in repayment
  • Flexible tenure up till 365 days.

Step-Up Loan

This loan facility is for traders with lockup shops who have a viable business with daily sales to augment their working capital.

Features

  • Affordable interest rate
  • Loan availed through personal guarantee.
  • Flexible repayment structured against the business turnover.
  • Flexible tenure not more than 180 days.
  • Loan amount of maximum of N500,000.

SME Loan

Small Medium Enterprise (SME) loans are designed to enable small entrepreneurs, access business loans – working capital, project, supply (LPO) etc. Securities for these loans are based on traditional collaterals.

Features

  • Affordable interest rate
  • Flexible collateral.
  • Repayment is structured against the business turnover.
  • Flexible tenure not more than 180 days.
  • Loan amount of maximum of N10million.

Asset Finance

This product is designed to procure desired assets for our customer cutting accross different types of home appliances - TV, Refridgerator, Deep Freezer, Air Conditioner, Washing Machine, Microwaves just to mention but a few from reputable vendors.

Features

  • Affordable interest rate
  • Flexible tenure not more than 365 days.
  • Asset serves as collateral.
  • Seamless asset delivery with at least 1 year warranty.
  • Convenient repayment pattern.