I need information about bank top up loan.i recently got fcmb loan for a business 6 months ago (1.6m) and I am thinking of approaching them for a top up loan later in the year (likely by the 10th month).I will like to know if it is possible to do d top up and how much is the maximum I cn collect as top up.
so far I have bb consistent with my deductions (am a civil servant).
any 1 wit information about d amount shld pls help.i know I cn walk up to d bank nd ask ....but since I wnt b needing it until later in d year dats y I dnt want 2 approach dem naw.so I will appreciate info on likely amount nd requirements.
Thanks.

I know dy av little info on dia websites nd I dnt tnk a customer care agent cn help u out on this.....so except u approach d loan marketing guyz wen u ready.
any banker in d house to give caterina an estimate of amount to expect?

There r tinz u consider likE building ur statement of account cuz that speak better for u.And wen u av done dat,den u can approach ur bank again for top up loan.But dey may say either of this;pay up d initial one or give u enhancement.mail me for more details sben2308@gmail.com

Thanks for the comment. pls explain better so pple can understand. What do u mean by building up of statement of account.

would also like to know what range/amnt or percentage the loan enhancement could be.

nairalanders dt r bankers shld pls drop mor comments 2 help clarify dis issue.

I'm a banker. Loans are based on negotiation, you can demand for any amount you actually want. the bank will just look at what your offering them, your personality, the viability of the business you intend to use the money for, your credit history and other things. so its all about what you have to offer.
incase you don't know, banks beg to give credits to some companies or individuals cos of what they are putting on the table.
also considering that you are their customer already, if you have been servicing your loan well, you won't have much problem
so just ask for the actual amount you want and tell them how you intend spending it. although they might decline lending you another if you are yet to finish paying the present one.
as regards interest rate, banks have their standard but still subject to what your offering them. it normally goes with the amount of risk involved. pm me for more info.

I tnk OP wants 2 know if he cn get a loan top up after 1year of servicing d existing 1.....especially if u av neva defaulted 4rm payment? d option of paying off d existing 1 is not bn considered