My SME Education Loan

Scale your educational institution to the next level. Get working capital and asset finance for established SME schools - from N2 million up to our approved SME limits with competitive rates and flexible terms.

Benefits

• Working capital and asset loan for schools.

• Quarterly 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 for SME loan.

• Loans strictly disbursed to schools.

• Loan backed by collateral.

• Tenure of up to 2 years.

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