Ever considered getting a soft-landing of improving and satisfying your students/wards, we are at your service.

This facility is a medium to long term facility focused at 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 letter head 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.
  • 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

  • Maximum loanable amount is N5 million.
  • Tenor is 2 sessions depending on the school calendar.