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Stanbic IBTC SMEs Loan

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Stanbic IBTC SMEs Loan

Stanbic IBTC SMEs Loan – 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.

BENEFITS OF SME LOAN

  • Support
  • Ease
  • Speed Flexible Terms

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

How to Apply

Interested Entrepreneurs should click the link apply.

Stanbic IBTC SMEs Loan
Stanbic IBTC SMEs Loan
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