School Advantage Loan

The School Advantage loan is designed to cater to the need of Private Schools i.e Primary, Secondary and Tertiary Institutions.

Features and 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

This is an overdraft of 90 days maximum to augment the short term funding need of schools (Nursery, Primary, Secondary schools and Tertiary Institutions) specifically for salary payment and other urgent needs during term end/ school holiday periods

Features:

  •  Maximum loan amount: N100m
Asset Financing 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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