Existing customers can get a loan through the Business Loan for Individuals program, which is meant to help ambitious business owners who want to grow their business. The goal is to support their development and assist them in achieving their objectives. All SMEs are able to access this type of loan for the investment capital or working capital for their business operation. 

Products Features:

Repayment mode: Flexibility according to cash flow Successfully running the business since last 12 to 24 months

Flexible loan amount

Loan tenure: Up to 6 months

Open cheques of Beneficiary

2 guarantor’s cheques

Loan must be secured

Repayment: Equated monthly installments.

For business use only

Eligibility

Products Features

Repayment mode: Flexibility according to cash flow Successfully running the business since last 12 to 24 months

Flexible loan amount

Loan tenure: Up to 6 months

Open cheques of Beneficiary

2 guarantor’s cheques

Loan must be secured

Repayment: Equated monthly installments

.For business use only

Eligibility

Be a majority aged 18 to 65 years old

Have a good record and be reliable

Have a legal business

Be a majority aged 18 to 65 years old

Have a good record and be reliable

Have a legal business

Impact from business operation doesn’t affect to environment and comply with Nigeria law

Business must be registered

Valid means of identification/ Work ID

Memorandum or Articles of Association

Business License

Income Statement Registration confirmation certificate

Note:

SylvastarCOOP reserves the right to terms and conditions.