loan products

Approval of loans and other credit facilities are granted based on specific features and dynamics with lending criteria; hence it goes beyond this product paper.

However, find listed our various products and their few characteristics.

• GCMFB - Microfinance Loan Details || Close
  
  This is short term working capital finance for market women, traders, entrepreneurs, businessmen and women to stock their products or meet their re-order level. Maximum Loan amount is ₦50,000.
• GCMFB - Small & Medium Enterprise Loan Details || Close
  
  This product is available to enterprises or companies that have business capacity to borrow more than Microfinance loan of ₦500,000.
• GCMFB - Trade Finance Facility Details || Close
  
  This is credit programme for distributors, business men and women, supermarket operators who engage in small and medium scale distributive trade.
• GCMFB - Agro Farming Loan Details || Close
  
  This product is available to small and medium scale agro allied farmers in poultry, fish, snail and piggery farming ventures to buy feed and other input for production. It is a short term loan repayable within 90days from harvest proceeds.
• GCMFB - Automobile Loan Details || Close
  
  This is available as a lease facility to buy tricycles, cars and buses for business purposes.
• GCMFB - Graduation Target Account Details || Close
  
  This product encourages savings towards setting up your business after graduation from apprenticeship. Save 30% of set up cost over a period of time and GCMFB would advance the balance of 70%.
• GCMFB - Consumer Asset Finance Details || Close
  
  This facility enables you to enjoy the convenience and comfort of modern living now and pay later. It enables you to buy any household asset like electronics gadgets, kitchen and washing/dry-cleaning equipment, generators, etc.
• GCMFB - Salary Advance Details || Close
  
  This is a credit facility that allows you to overdraw your current account up to 70% of your monthly salary, to meet emergency obligations against the month’s salary.
• GCMFB - Employee Loan/Cheque Exchange Details || Close
  
  This is a short term 90days loan to meet cash needs of those in full time employment with government organisation/established companies repayable in 3 monthly equal instalment.
• GCMFB - Cheque Discounting Details || Close
  
  This allows customers to withdraw instantly 70% of the face value of a cheque and draft which are confirmed good for payment on presentation.
• GCMFB - Invoice Discounting Details || Close
  
  This is a credit facility that enables an LPO contractor that has executed an LO to take certain agreed percentage of his invoice value before payment maturity of such LPO.
• GCMFB - Group/Association Account Details || Close
  
  This product allows a group of people to save 30% of their group business finance needs and borrow 70% from GCMFB.