Frequently Asked Questions
Interest rates will vary depending on the circumstance of the applicant.
A: To be eligible, the following are required:
- Must be owned by an indigene of SSA.
- The owner must be over the age of 18 years.
- The loan applicant can either be:
- A business owner.
- A member of the company (must have the authority from the board of the company to apply for the loan).
- The business must be situated in SSA.
- Most businesses are welcome to apply except startups and companies listed on any stock exchange.
A: You can either Apply Now, call us on +234-818-111-1139 or visit our office located at 80, Raymond Njoku Street, Ikoyi, Lagos, Nigeria.
A: You can access up to ₦1,000,000 for up to 6 months.
A: Yes, you can pre-liquidate your loan, however charges may apply.
A: You can apply immediately after a full repayment of existing loan.
A: The following documents are required:
- Completed application form.
- Two reference letters from suitable guarantors; along with two leaves from their cheque books.
- 6 months business statement of account.
- A utility bill not older than 3 months.
- National form of identification.
- CAC document – Certificate of Incorporation, Shareholders register and any other documents.
- Tax Identification number.
- Letter of authority from the board (for applicants that are applying on behalf of companies, which they do not own/own completely).
A: You can repay via
- Bank deposits
- Direct debits
- Cheques
A: Yes, you can change your repayment date, but charges will apply.
A: We ask for bank details in order to verify and and subsequently disburse the loan to an account of your choice.