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