EMERGENCY LOAN
You can use our emergency loan for unexpected or urgent expenses because it is disbursed quickly. Financial emergencies come in many shapes and sizes; you might need quick access to cash to deal with unexpected events, such as a car breaking down, an emergency medical expense or any number of unexpected circumstances. If you’re facing one of these situations without enough savings to get through it, and you need to borrow money in a hurry, our emergency loan could help you cover the cost.
Products Features
- Loan disbursement in 4 – 24 hours
- Flexible tenure of 30 days to 90 days, and it must be covered by insurance if necessary.
- Minimal documentation.
- Flexible loan amount
- Open cheques of Beneficiary
- 2 guarantor’s cheques
- Collateral required.
- Repayment: Equated monthly installments.
Eligibility
- Must possess a valid means of identification.
- Amount: Minimum of N100,000
- Maximum of N1million (increased limit approval available)
- Maximum age of applicant at loan maturity: 60 years
- Applicant should have the COOP’s specified credit score.
- Open cheques of Beneficiary
- 2 guarantor’s cheques
- SylvastarCOOP reserves the right to terms and conditions.