Do you need working capital for your business? Apply SME Loan Now From N50,000 - N99,000 N100,000 - N499,000 N500,000 - N999,000 N1 million - N5 million N5 million and above
Tuesday, 12 July 2022
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Do you need working capital for your business? The SME Loan is a tailored made lending facility that is available to businesses for meeting working capital needs and to achieve business goals.
What you Get
- Availability of short-term working capital to customers
- Bridging short term financial needs
- Business growth for customers
How to get it
- Applicant’s formal letter of request for loan
- Satisfactory credit checks from 2 credit bureaus
- Banking history of at least six months with Stanbic IBTC Bank or 12 months with other Banks
- Registered enterprise or limited company (Incorporation) Documents to be provided
- Tax Identification Number (TIN)
- Upon loan approval, duly accepted Offer Letter.
What it costs
- TOD and Advance: 26% with free insurance
- Short Term Loan: 30% with free insurance
- Management Fee: 1%
* There is no concession on the pricing
General Enquiries
LOCAL
01 422 2222
INTERNATIONAL
+234 0 142 2222
Report Fraud
LOCAL
+234 1 422 7777
Source: Stambic IBTC Bank Site
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