Advans Further & Business
Get up to N75m and pay back in 24 months
Flexible collateral requirements
Affordable
Ask for a loan
Since starting my individual loan plan, I have had money to buy stock to meet my customers’ demands.
Detailed description
Who is eligible ?
- Micro Businesses and SMEs (informal and formal)
- Nigerian nationality or resident ≥ 10 years - Above 21 y.o.
- 12-18 months at the same location
Conditions
- Loans from ₦1,000,001 - ₦5,000,000
- 1% processing fee, 0.99% insurance fee
- No need to save before getting a loan
- Amount is determined according to your repayment capacity
What do I need to apply ?
- Valid ID card, 3 passport photographs
- Proof of business ownership (Shop receipt, CAC documents, etc)
- Proof of residency (e.g. Utility bills)
- 1 guarantor - May have his/her own business or working with a private company within the private sector.
FAQ
I have assets worth 5 million Naira, will I be able to receive a loan close to 5 million ?
We appraise the amount you can assess based on your business activity first, before your assets. Your business activity and profitability will determine the loan amount you can receive.
