MSME product
Asset Finance / Lease – Business
Part-finances a specific asset for a business’s commercial use.
Who it is for
Small and medium businesses buying an asset.
Recommended collateral
Fixed charge or joint ownership of the asset, post-dated cheque, standing payment order (Remita), third-party guarantee or insurance policy
Risk acceptance criteria
- Registered business with evidence of steady cash flow
- Pro-forma invoice for the asset from a reputable vendor
- Equity contribution towards the asset
- No non-performing loan with any lender
Other msme products
Working Capital
Up to ₦10,000,000
Up to ₦10,000,000
Stock / Trade Finance
Up to ₦10,000,000
Up to ₦10,000,000
LPO Financing
Up to ₦10,000,000
Up to ₦10,000,000
Invoice Discounting
Up to ₦10,000,000
Up to ₦10,000,000
School Support Loan – Schools
Up to ₦10,000,000
Up to ₦10,000,000
Travel & Tourism Loan – Agents
Up to ₦5,000,000
Up to ₦5,000,000
