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Asset Loan

Asset loan is specifically designed to meet the income generating asset needs of members and non-members

Asset Loan

Asset loan is specifically designed to meet the income generating asset needs of members and non-members. The essense is to intervene in a way that members will not spend their liquidity or money in purchasing their desired at the expense of their stock. standard life does'nt give money but buy the asset for the member concerned from a recognized vendor

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Features

  • Methodology: Individual and group lending
  • Nature: Medium and small in nature
  • Duration:6months - 10 months

Basic Selection Criteria

  • Small/Medium business owners(women, more of advantage)
  • Asset must be intended for business purpose
  • Asset must meet the customer taste's
  • Willingness to use loan for business expansion
  • Must be a registered member(s) of SLO

Benefits to Clients

  • Low interest rate
  • No Collateral
  • Flexibility of repayments
  • Transparency, no hidden charges
  • Allows members to maintain stock of goods

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Midterm Loan

This loan is design to meet the capital need of an already existing client whose curent loan has droped due to the weekly repayments and need a top up as a back.

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Medium Enterprise Development Loan

This loan is design to meet the capital needs of Medium Scale Enterpreneur who require more fund for business expansion and sustainability.

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Assest Loan

Asset loan is specifically design for members who need loans for income generating property purchase

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