Overdraft
A line is set on account that can be assessed by the customer.
For small business owners to augment working capital requirements
The following documents are required along with your Over Draft Loan application:
- 6 months business account statement or evidence of verifiable cash flow.
- Other requirements as may be applicable to specific
- Insurance
Up to N1million based on company’s capacity and account activities.
@5% monthly on debit balances (based on daily calculations)
3 months (with roll over option)
Customers must have stayed in the current location for more than 6 months or provide proof of previous stay.
