The School Advantage loan is designed to cater to the need of Private Schools i.e Primary, Secondary and Tertiary Institutions.
Features & Benefits
- Tenor from 90 days to 36 months
- Loan of up to N100M depending on class of school
- SME friendly interest rate
- Repayments from domiciliation of school fee proceeds.
- Teachers and Parents can also enjoy personal loans for payment of school fees and other needs
Overdraft Facility
To finance school buses, official vehicles and generators (only) with repayment period of up to 36 months
Features:
- Maximum loan amount: N100 million
Short Term Loan
Term loan with maximum tenor of up to 12 months to finance rent, purchase of laboratory equipment, furniture, books for library, school xxpansion (land acquisition and construction) etc
Features:
- Maximum loan amount: N100 million
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