Asset Loan

LAPO assest-loan1

Asset loan as the name implies is targeted to help existing clients of LAPO MfB purchase assets such as generator, refrigerator, grinding machines etc. that will further enhance the productivity of their enterprise.

Features

  • Facility range: N20,000 (minimum) to N400,000 (maximum)
  • Methodology: Individual and group
  • Duration: 11 months
  • Grace period: 1 month

Benefits:

  • No collateral
  • Quick access to funds for the purchase of business assets
  • Flexible repayment structure
  • Low interest rate
  • Expert financial advice available