This facility is designed to help business finance stock and other business needs.
Features & Benefits
Available to customers trading in all business segments with regular credit/debit transactions
Open to persons trading in their personal names
Minimum loan amount N100,000. Maximum loan amount N5,000,000
Open to new to bank customers.
Top up available
Maximum tenor is 12 months
Competitive interest rate
Access to mobile & internet banking services
Documents Required
Customer’s application letter
12 months bank statement
Proof of address
Personal Guaranty of the Promoter/Obligor supported with sworn affidavit of statement of net worth
Insurance covering burglary and special peril noting Wema Bank as first loss payee