SME LOANS

ABOUT SME LOANS

We offer a variety of products tailored to meet the business needs of Small & Medium Enterprises (SME). SME finance is a financing solution accessible for specific business medium term projects. The below are HASAL SME Loan options:

  • Local Purchase Order (LPO) Finance
  • Contract Finance
  • Inventory Finance
  • Overdraft
  • Lease Finance

Kindly contact us on:(08123941500)

FEATURES
  • Loans above N1,000,000
  • Monthly repayment of Principal and Interest
  • Loan tenor from 3 – 12 months
REQUIREMENTS
  • Duly completed Loan application form
  • Duly completed personal guarantee form
  • Board resolution for the Loan (for companies)
  • Duly completed KYC (Know Your Customer) form
  • Collateral requirement – Based on loan amount, tangible asset within any the categories below is acceptable:
    a) Landed property with good titles
    b) Lien on cash (Fixed Deposit)
    c) All asset debenture (Fixed & Floating)