Working Capital loan to support SME business growth 

 Features

·    Business expansion and upgrade loan facility for SME business ventures

·    To qualify, run a current account with Xslnce MFB for minimum 3 - 6months

·   Latest 6months bank statement from other financial institution / other business records (Business must have existed for more than 6months). 

·    Accessible amount - N100,000 to N2,000,000

·   Loan Duration from 3 -12 months

·   Require guarantor and/or valuation report on security

.  24hours processing time, Interest rate from 6% flat (management and legal fees applies).

 

 

 

About Business Loans

Xslnce Business accounts allow you to borrow for working capital, business expansion, and equipment lease or asset acquisition.
 

You can access:

 

 

  • Asset financing / lease
  • Contract and LPO financing
  • Invoice discounting
  • Agricbusiness financing
  • Youth and Micro-business loans

 

General Features:

  • Affordable with no hidden charges
  • Loan processing less than 24hrs
  • Flexible loan repayment period
  • Simple application processes
  • Competitive interest rate