The key features of this loan are:
Loan ceiling (2nd -Upward) | Maximum half amount of current loan (small & SB) |
Follow-on loan | As per client capacity |
Processing fees | Applicable |
No. of instalments | 6 - 12 |
Loan duration / period | 6 - 12 months |
Grace period | Nil |
Maximum loan limit | NGN 2,000,000 |
Collateral requirement | Required |
Admission | N/A |
Cash Security | Applicable |
Interest on loan | Competitive |