BUSINESS LOANS
Our approach to supporting businesses is from a partnership relationship. Our services are tailor-made to suit business peculiarities and conditions. Working closely with you, we offer appropriate financing and advice packages tailored to your needs.
Invoice Discounting
Invoice Discounting allows businesses access funding against their invoice before the receipt of the proceeds from their contract employer. It helps boost their working capital and provides the liquidity required to fund their urgent business needs.
- Access financing up to 70% of contract
- Only invoices from reputable companies will be discounted
- Tenor is in line with the terms and conditions of payment
Apply online
LPO Financing
We offer LPO Financing to business owners and corporate organizations that need funds to finance their Local Purchase Order (LPO) issued by a blue chip company or an organization. We finance only 70% of the Purchase Order value.
- Only invoices from reputable companies are acceptable.
- Loan Amount does not exceed 70% of contract sum.
- Purchase Order/Contract award varies between 30 to 120 days.
- Tenor is subject to the terms & conditions of LPO.
Apply online
Working Capital Finance
Do you own a fashion boutique, shopping mall, restaurant or any business that deals with inventory and stocks? Welcome, this is the loan you are looking for. Covering your short-term operational needs with this may be the key to expanding your business as you wish. Explore our solutions that finance SMEs administrative or working capital funding needs.
- Get a minimum of N1;000;000 and more without collateral
- Enjoy effective interest rates of 24-40% per annum
- Approval in 24-72 hours
- Repayment tenures that match your pace
Apply online
Import Duty Finance
Import Duty Finance (IDF) is a financing solution for importers designed to help them have a seamless process during clearing and transportation of imported cargo from the port/airport of origin to the final destination. The solution targets importers of goods and services.
- No maximum or minimum amount.
- Payable within a period not exceeding 120 days
- The minimum repayment period is three months
- Competitive Fixed interest rate
- Business must have existing cash-flow to support repayment
Apply online
Asset Finance Loans
We provide medium-term finance in structured finance lease of Machines, Motor Vehicles, and equipment for our clients. We have dynamic leasing products designed to bridge our clients’ cash flow by acquiring for them the needed fixed assets (Vehicles, Motorcycles, Computers, Furniture, Haulage Trucks, Generators, etc.) for different target markets.
- Saves on business working capital
- Low transaction costs compared to other loans
- No additional security is required- it’s self-securing
- Loan tenor is up to 12 months
Apply online
