Can my business apply for a loan even if it's not domiciled in a major city like Lagos?

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• Can I still apply for a loan if I have a personal loan or SME loan outstanding with another lender?

  Yes, you can if the loan is performing well, and your monthly turnover can service both loans.

• How do I apply for SME loan?

  Discuss with a sales agent who will access your business, and if you qualify, an online onboarding form will be sent to you

• Does your company offer loans specifically for financing the purchase of equipment or machinery for my business?

  Our SME loan can be for inventory purchase, asset financing or operational cost for the business.

• Does my business need to be registered with CAC (Corporate Affairs Commission) to apply for a loan?

  Yes, your business has to be registered with Corporate Affairs Commission (CAC) to confirm if your business has the legal rights to operate in Nigeria.

• What is the minimum monthly revenue required for an SME to qualify for a loan?

  For SME loan, your least monthly revenue should be N4 million and above