First City Monument Bank

We have 2 types of short-term facilities/loan which are:

This is FCMB’s Covid-19 initiative to get private schools back in business and compliant with pandemic protocols through an unsecured fast track and competitive price lending to the tune of N20m repayable in 2 years.

This is to help finance ailing private schools in Nigeria.

Target Market	All Privately owned schools in Nigeria
Tenor	Maximum of 2 years
Amount	N250,000 – N20,000,000
Interest	29% per annum

HOW TO APPLY?

Please click here

Temporary Advance Facility (TAF)

This is FCMB’s unsecured fast track lending facility meant for the financing of SMEs with fast/short turnover cycle to the tune of N50m without collateral repayable in 6months period.

Target Market	Retail Trade; Wholesale Trade; Contracting; Professional Practice Firms; Agric Business; Supply; Manufacturing; Health Care; NGOs, Associations, Clubs; Religious Bodies; Unallocated; Schools Hospitality Except List: BDC, Financial services and CBN prohibited list
Tenor	180 days
Amount	N500,000 – N50,000,000
Interest	Very Competitive (as low as 3.75% cost of fund per month) New to bank can apply Account performance with other bank can be used as a basis to qualify customers for this loan.

HOW TO APPLY?

Please visit the closest FCMB Branch to speak to your account officer or send e-mail to SMEhelpdesk@fcmb.com

Not an FCMB customer? Get started by opening an account.

my bank and I

QUICK LOAN

sitemap