HomeBusiness Loans

Loans to Grow Your Business

From working capital to equipment financing, we have the right loan for your business. Visit any of our branches to apply.

From 4% interest
24hr approval
5+ branches near you
Business Loans - Olive MFB

Loan Amount

Up to ₦50M

From

4%

interest p.a.

Important Information About Business Loans

All business loan applications must be made in person at any of our branches.

Business Loan Options

Choose the loan that fits your business needs

TOD (Temporary OverDraft)

Finance your day-to-day business operations stock, salary, suppliers

Amount:₦500,000 - ₦10,000,000
Interest:4% p.a.
Tenure:Within 1 month

Key Features:

  • Inventory financing
  • Payroll support

Ideal for: Retail, trading, manufacturing businesse...

Apply at any branch

LPO Financing

Use your contract paper to get funding for equipment and supplies

Amount:₦500,000 - 100,000,000
Interest:36% p.a.
Tenure:1 - 3 months

Key Features:

  • Equipment as collateral
  • Flexible repayment

Ideal for: Manufacturing, transport, construction, ...

Apply at any branch

Asset Acquisition Loan

Get funds to buy assets vehicles, machines, or property

Amount:₦1,000,000 - ₦50,000,000
Interest:36% p.a.
Tenure:6 - 12 months

Key Features:

  • Business expansion
  • Increase production

Ideal for: Established businesses ready to scale...

Apply at any branch

Invoice Discounting

Get cash immediately against your unpaid customer invoices

Amount:₦500,000 - ₦50,000,000
Interest:3% - 5% per month
Tenure:30 - 90 days

Key Features:

  • Up to 75% of invoice value
  • Fast access to cash

Ideal for: Businesses with unpaid invoices, B2B com...

Apply at any branch

Required Documents

Please bring these documents when you visit any branch

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Form CAC 1.1 or CAC 2 & 7
  • Tax Identification Number (TIN)
  • Valid IDs of Directors (minimum 2)
  • Passport photographs of Directors
  • Utility bill of business address
  • 6 months bank statements

Business Loan Calculator

Estimate your monthly repayment

₦500k₦25M₦50M
4%8%12%
6 months24 months48 months
Monthly Payment:₦432,634
Total Interest:₦191,605
Total Repayment:₦5,191,605

How to Apply for a Business Loan

Simple process to get your loan approved

1

Visit any of our branches

2

Meet with our Business Advisor

3

Submit your documents

4

Get approved

5

Receive your funds

Average processing time: 24-48 hours
Our Locations

Visit a branch near you

Walk in, talk to us, and get your loan sorted.

Allen Branch (Head Office)

150 Obafemi Awolowo Way, Ikeja, Lagos

Monday - Friday: 8am - 5pm, Saturday: 9am - 3pm

Loan applicationsAccount opening

Computer Village Branch

7 Oshitelu Street, Computer Village, Ikeja, Lagos

Monday - Saturday: 9am - 6pm

Business loansTrader loans

Ogba Branch

Shop 29/30 Jeho shammah, Ogba, Ikeja, Lagos

Monday - Friday: 8am - 5pm, Saturday: 9am - 3pm

Personal loansSalary advances

Victoria Island Branch

7b Etim Inyang Crescent, Muri Okunola, Victoria Island, Lagos

Monday - Friday: 8am - 5pm, Saturday: 10am - 2pm

Premium loansCorporate banking

Ready to Grow Your Business?

Visit any branch to apply for a business loan today