Asset Acquisition Loan
This is a loan that enables the customer to acquire specific assets such as electronic/electrical appliances, furniture items, automobiles/motorcycle etc. Customers are expected to provide equity contribution of 20 – 30%.
- Access to loans from ₦100,000.00 to ₦1,000,000.00.
- Flexible repayment schedule with tenor of 6 – 24 months.
- Opportunity to own your dream asset.
- Individuals who have been in account relationship for 3 – 6 months.
- Demonstrates ability to repay through regular cash flow.
- Equity contribution of 20 – 30% depending on type of asset to be purchased.
- Provision of two acceptable third party guarantors.
How to apply
- Apply in writing for the loan
- Complete loan application form
- Submit proforma invoice from a reputable vendor.