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.
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