1.These are overdrafts and loan facilities granted to individuals, corporate bodies, enterprises and others in active business.
2.Applicant shall be loyal customer and should operate an active account for a period not less than six (6) months.
3.An applicant shall provide at least two (2) salaried workers who collect their salary through the bank as guarantors.
4.Applicants can use a landed property, cash lien of 25-30 to secure the loan.
5.Applicant shall provide at least 20% equity distribution.
6.Repayment shall be on monthly basis and shall not exceed eighteen (18) months.