Can my loan repayment be made before the due date?
Can my loan repayment be made before the due date?
Yes, your loan repayment can be made before the due date. It is advisable to
do this as it improves your credit rating.
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How can I be eligible for more loan amounts?
By following these two conditions; 1. Continuous adherence to processing sales transactions through the business account shared with us. 2. Prompt repayment of active loans before and on due date
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.
What happens if my business needs to restructure its loan due to unforeseen circumstances?
You will need to contact your account officer to discuss this.
Are there other fees attached to my loan processing?
Yes, the admin fee of 1% is factored into the total loan amount
How many stages do I have to follow before i can access SME loan?
About three stages; Online onboarding Loan offer negotiation/acceptance Collateral assessment