Features

• On approval, the customer is allowed to overdraw his/her account up to the approved amount.
• The target market here are; Market Men and Women, traders, HNI and individuals who are into buying and selling of general goods.
• Tenor : 3-6 months (renewable)maximum
• Loan amount: N50,000 to 1,000,000
• Flexible/competitive

Documents Required

• Application requesting for the facility
• 6 months account statement
• 12 months cash flow statement-where applicable
• Personal guarantee of the MD/CEO
• Acceptable collateral where applicable
• Current utility bill
• 2 recent passport photo
• Postdated Cheques covering the principal and interest.
• Bank verification number