Tel No. +234 (0) 70024894283, 1-2932339


Pay Day Loan

This is a facility designed to meet the urgent needs of salary earners in private establishments. It is structured against salary.

Features and Benefits

  • A current/loan account shall be opened for the customer
  • The net salary determine the loan amount
  • Customer shall provide recent salary account statement for three months
  • Utility bill not later than three months
  • Maximum duration of 365 days


SME Loan

Small Medium Enterprise (SME) loans are designed to enable small entrepreneurs, access loans to finance a variety of business needs – working capital, project, supply (LPO) etc. Securities for these loans are based on traditional collaterals – such as Legal Mortgage, Treasury Bills Certificate or Movable Assets.

Features and Benefits

  • The business must be registered with Corporate Affair Commission (CAC)
  • The business must have consistent cash inflows.
  • The loan repayment must not be less than one tenth of the business turnover.
  • Flexible collateral requirement
  • Maximum duration of 180 days

Payroll Loan

This loan facility is designed for Federal Civil Servants and Lagos State Civil Servants.

Features and Benefits

  • Affordable interest rate
  • Maximum duration of 365 days
  • Payment is structured against the salary day.
  • Minimum of N40, 000 loan amount

Step-Up Loan

This loan facility is for traders and business men who have an existing business and making sales on regular basis.

Features and Benefits

  • Available to all categories of business-focused customers
  • Can be used to augment working capital
  • Favourable interest rate
  • Tenure (30 - 180) days

LPO Finance

This product is a small enterprise loan designed to enable quick access to funds in order for businesses to take advantage of timely and sensitive opportunities such as supply of goods and services; execution of a project or contract.

Features and Benefits

  • It is strictly for the financing of contracts, projects and the likes from blue chip companies, structure organizations and registered establishments.
  • Customer must be an existing current account holder with the bank
  • Customer must demonstrate capabilities in the line of business
  • Customer must have a traceable financial history
  • Domiciliation of payment
  • Maximum duration of 45 days