This product is ideal for customers looking for nancing to pay for services such as School Fees, Rent, Hospital Bills, Medical Bills etc. Under this arrangement the Bank procures the service and the customer buys it over on a deferred payment basis.
- Maximum financing limit of N3M for individuals and N5M for MSME
- Veriable means of lively hood adversely impacted by the COVID 19 pandemic
- Maximum tenor of 1 year for working capital and 3 years for equipment finance
- Financing rate at 9% P.A