Overdraft

Personal Overdraft is a short term facility that allows you to overdraw your current account for 6 months up to a maximum amount of ?3 million. The facility amount granted shall not exceed 25% of the average monthly credit turnover.

Benefits

  1. Gives you the money you need when you do not have sufficient funds in your account.
  2. Considerate, structured and convenient terms of repayment.
  3. Negotiable interest rate.
  4. Supports business growth and expansion.
  5. Convenient repayment plan (structured in line with expected cash flow)

Requirements

  • Application letter
  • Duly completed Loan Application Form
  • Company Profile
  • Current utility bill
  • Six (6) months Bank statement
  • Photocopies of title documents on landed properties pledged as security for the facility
NEED A MORTGAGE?
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DOWNLOADS
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