My SME Capital Loan

Power your business to new heights. Access working capital and asset finance designed for small and medium enterprises ready to scale - from N2 million up to our approved SME limits with competitive rates.

Benefits

• Working capital and asset loan for SME operators.

• Monthly repayment plan.

• Competitive interest rate.

• Easy loan procedure.

• Opportunity to grow business with ACCIONMfB.

Features

• 4.5% interest rate @ reducing balance

• 1% Admin fees

• 1% Insurance fee

• Access to loan from N2,000,000 up to the bank’s approved percentage of shareholders limit.

• Loan backed by collateral.

• Commitment fee of 1%(Effective only if client fails to pick up loan 3 days after approval)

• Tenure of up to 2 years.