We have two types of quick loan which are:

  1. Temporary Advance
  2. School Aid Facility

Temporary Advance

Finance of stocks, both local and imports and pay clearing charges relating to imported stocks (such as duty and shipping charges). This is an innovative product for small and medium scale businesses who are looking to access quick fund to carter for their business urgent need. Click here for more information.

Target Market

Traders, Importers, Pharmaceuticals

Tenor

90 days

Amount

N500,000 to N5,000,000

Interest

Very Competitive

Loan application is via FCMB Online (Business Version) or FCMB Business App. Not an FCMB customer? Get started by opening an account.

School Aid Facility

This product is a short-term loan specifically designed to finance purchase of books, uniforms and consumable and reoccurring expenses within the term. Project finance not accommodated using this product. The facility come as Short line of credit, Asset acquisition and Commercial mortgage (face lift and expansion)

 

Target Market

Private Schools – Primary and Secondary

Tenor

6 weeks

Amount

N500,000 to N5,000,000

Interest

Very Competitive