SME Loan
The direct route to expansion. Access the financial boost necessary to scale operations, increase capacity, and turn your business vision into market reality.
Features & Benefits
- Duration: 12 Months
- Maximum Loan Amount of ₦5,000,000.00
- Group-migrated customers must have completed 2 cycles of the Beta Moni Loan while Individual customers present a 6 months activity report from any commercial Bank
- Availability of duly registered documents with CAC
- Rate: 2.5 – 3% flat
- To create unfettered access to credit facility for the growth of our customers businesses
- Availability of duly registered documents with CAC (for Corporate Customers)
Requirements
- Application Letter which must on company letter head
- Duly Completed loan Application Form
- 6 months Bank Statement from any bank if relationship with the is not up to 3months
- Board resolution if applicable
- Any other documents that maybe required by the bank
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