MyOwn Asset Loan

Own the equipment your business needs today. 

Designed for micro business owners/entrepreneurs that desire to own business assets (solar panels, freezers, generators, etc.) but lack conventional collateral to secure loans from conventional banks.

Benefits

• Competitive interest rate

• No hidden charges

• Easy documentation

• Bonding of different assets

• Serves as a top-up loan

  
  

Features

• Competitive  interest rate @ 4.5%

• Asset loan of up to N10 Million

• Flexible loan tenor up to 12 months

• Insured loan @ 1%

• Admin fee of 1%

• Commitment fee of 1 %

• 20% for new clients, 10% for returning clients with A/AA scorecard, 15% for returning clients below A/AA scorecard, and 5% for clients on 8th loan cycle and above with scorecard rating of A/AA and above.