Smedan-Sterling Loan: Next Steps for Applicants

By M-Bukar Thursday 14 March 2024 Comment

Smedan-Sterling Loan: Next Steps for Applicants

The Smedan Board and Sterling Commercial Bank have released new information for Smedan-Sterling Loan applicants. Here's a breakdown of the process: Continue Reading...

Requirements:

Corporate Bank Account: You must have a corporate account at Sterling Bank before proceeding.
Prior Application: Ensure you applied for the loan during the initial application phase.

Instructions:

Email Notification: Check your email for a message from Sterling Bank regarding your application. https://Sterling.ng/databanc
Start Application: Click the "START NOW" button in the email and proceed to the "SIGN-UP" section to create an account.
Complete Registration: You'll receive an email with a link for further registration. This involves two parts:
- Entering your company owner information.
- Entering your company information (CAC registration number).
One-Time Password (OTP): The system will send an OTP to your email for verification.
Dashboard and Promoter ID: After registration, log in to your dashboard and copy your unique Promoter ID.
Download Banca App: Download the "BANCA BY STERLING" app from the Playstore or Appstore.
App Registration: Register on the app and enter your copied Promoter ID.
Corporate Account (Optional): If you don't have a Sterling Bank corporate account, you'll need to open one before proceeding.
Loan Approval: Once approved, you'll receive the loan amount based on your application and CAC/Smedan certificate.