FCMB SME Quick Loan is a convenient and easy proposition that gives eligible traders access to credit of up to 5 million naira within 48 hours, with no collateral required. Customers get a decision on loan application within 5 secs of applying and money in your account in less than 48hrs, subject to credit check and appraisal of their business.
Only FCMB Business Banking customers who have maintained a relationship with the Bank for at least 6 months are eligible for this offer.
for you to apply, you must meet the below minimum conditions:
You may be able to get a maximum of N5,000,000 depending on your history of transactions with us.
You have three options. You can pay back in 30, 60 or 90 days depending on your business cycle.
The interest rate is 2.5% monthly which is equivalent to 30% per annum.