Ever considered getting a soft-landing of improving and satisfying your students/wards, we are at your service.
This facility is a medium to a long-term facility focused on assisting established and well-structured schools in the area of expansion and procurement of various items for the school.
Features
- Loan application on the school letterhead duly signed by the Proprietress/Proprietor of the school.
- Ministry of Education provisional Approval.
- Certificate of incorporation.
- Cash flow statement of the school.
- Site visitation and verification report.
- A banking relationship of at least 6 months is required.
- 30% equity contribution in case of asset acquisition facility for the school.
- Letter of domiciliation of school fees to the bank.
Benefits
- The maximum loanable amount is N5 million.
- Tenor is two sessions depending on the school calendar.