CORPORATE LOAN

SCIL CORPORATE LOAN

  • SCIL Corporate Loan is a steady credit and investment ltd Loan Product.
  • It is a product that targets corporate firms; Men and women with an established registered businesses.
  • It is designed for both corporate firms and business individuals whose annual income must not be less than 20million.
  • Intended customers business must have been in existence for more than two years period.
  • Repayments are on monthly basis.
  • Access up to ₦10,000,000 for less than 17.5% on annual percentage rates.

Download

Application Form

PROCESSING TIME & CONDITIONS

  • SCIL Corporate  Loan is tenured 1/3/6/9.
  • SCIL Corporate  Loan must start and end within 7 working days.
  • The timelines are as calculated from the point where complete documents are submitted to SCIL.

REQUIREMENTS & DOCUMENTATIONS

  • Executed (Applicant, Next of Kin & Guarantor) forms
  • Completed spousal consent form.(if married)
  • 4 recent passport photograph of applicant
  • 1 recent passport photograph of Next of Kin and Guarantor
  • 1 of the under listed valid means of Identification (Applicant, Next of Kin & Guarantor);.|
    Driver’s License
    Voter’s Card
    National ID Card or
    International Passport
  • Utility bill (Shop/Office or Residence) for the applicant and Guarantor.
  • Applicant’s 6 Months Bank Statements.
  • Guarantor’s 3 months Bank Statement
  • Certificate of registration of business name where required