According to a recent survey, there are over 17.5 million Micro Small and Medium
Enterprises (MSMEs) operating in Nigeria. They account for a substantial portion of the
nation’s economy. Unfortunately indeed, the growth and survival of the enterprises are
faced by financing bottlenecks and legal quagmires, with an estimated financing gap in
excess of N48 trillion, despite their significant share in the nation’s Gross Domestic
Product (GDP).
A World Bank report suggests that only a paltry 31 per cent of MSMEs in Nigeria
currently have a loan with a bank or a microfinance institution, and that personal
savings and business income are the most important sources of capital for financing
businesses. At the same time, 82 per cent of financial institutions surveyed in Nigeria
said inadequate collateral is the most common challenge in granting loans,
There is lack of acceptable collateral and the inherent information asymmetries in
Nigeria. MSMEs are typically deemed risk-laden, plagued with high mortality rate, and
often lacking adequate collaterals acceptable for conventional credit.
Typically, start-ups are not rich in assets so you may be required to secure your business
loans with personal collateral such as your house or landed property.
Our business is to share your risk with you to source and collaterize your Bank Loan as it
is mandatory by CBN for commercial bank to obtain collateral for any form of loan
disbursement.
We can help you secure your loan with our collateral:
To which capacity can we secure?

We can help you collaterize any loan facility from N10million to N5Billion or to the
credit limit of a single obligor with any bank in Nigeria.

Which bank can we work with?

We can work with all commercial banks, Bank of Industry, Bank of Agriculture, Venture
Capital firms, microfinance banks and CBN approved finance houses.

My Bank does not collect Third-party collateral!

Some banks does not collect third-party collateral, in this case the client must be willing
to include the owner of the collateral as a director in his company.

Tenor for collateral lease?

Collateral is leased for one year and can be renewed annually.

General requirements

Company profile, Project Brief, Bank or finance house Offer letter (optional), Bank
Statement of the company or any of its promoters.

How can collateral be used?

 It can be used in securing LPO financing
 Securitization of import/export finance (Letter of credit & Bank Guarantee)
 Securitization of advance payment guarantee (APG)
 Securitization of insurance bond or credit bond
 Securitization of term loans
 Securitization for international financing

Call: 08077918755, 08105630147

Get your bank loan disbursed, collateral available

N400 million worth of collateral available!

Go for that Bank Loan today!

kesx:
Go for that Bank Loan today!

can you help me take a loan of N30,000,000, Thanks.

kesx:
Go for that Bank Loan today!

Yes we can, let's see your proposal

Drop your business proposal??

Standard chartered bank is giving out loans , apply today

Credit direct is giving out loan today ,apply now!

What are requirements for the loans?

Flyer20:
What are requirements for the loans?

6months statement and collateral!

Collateral available!

Bring your offer letters here

Loan available!

kesx:
Loan available!

I'm in Akwa Ibom, how can I get the loan here?

Talk to your bank!

Let's talk business and loans!

DescriptionReviews (1)
Description
Jaiz Bank
Jaiz Bank is Nigeria’s only CBN licensed non-interest institution offering Islamic compliant loans for multiple purposes in Nigeria.

Jaiz bank takes asset risk by acquiring the asset before renting, selling or sharing in its returns. The bank is compensated through profit on trade of goods or rent charged for asset use rather than charging interest on the loan. Non-interest banks must first take ownership of the asset and then either rent the asset or sell it on to the customer (on a cost plus basis with deferred payment).

The general principles of Islamic finance include the prohibition of usury or interest (riba), excessive uncertainty (gharar) and gambling (maysir), as well as risk and profit sharing between involved partners. Additionally, assets and investments can only come from, and be made in, Shariah compliant activities, and transactions must be backed by tangible, identifiable underlying assets.



Products
Wadiah (Safekeeping) – In Wadiah, a bank is deemed as a keeper and trustee of funds. This is similar to the normal savings account. A person deposits funds in the bank and the bank guarantees refund of the entire amount of the deposit, or any part of the outstanding amount, when the depositor demands it. The depositor, at the bank’s discretion, may be rewarded with a ‘hibah’ (gift) as a form of appreciation for the use of funds by the bank.
Murabaha (Cost-plus financing), a profit and loss-sharing system. This is a contract which involves purchase of goods by a bank, which sells them to its client at an agreed mark-up. Repayment is usually in installments.
Musharaka (Joint Venture/Equity financing), a profit-sharing joint venture. Here, a bank joins another entity to set up a joint venture, both parties participating in various aspects of the project in varying degrees. Profits and losses are shared in a pre-arranged fashion.
Mudaraba (Trust financing), a profit-sharing agreement. The bank contributes the finance, while the client provides the expertise, management and labour. Profits are shared in a pre-arranged manner. However, when a loss occurs, it is completely borne by the bank.
Istisna: supplying industrial products to client’s orders. This is a contract for the acquisition of manufactured goods, by specification or order, where the price is paid gradually in accordance with the progress of the job. The technique can be used for real estate development.
Wakalah (Agency). This occurs when a person appoints a representative to undertake transactions on his/their behalf, similar to a power of attorney.
Ijara (Lease/Hire purchase), which is a globally recognized mode of leasing. Here, the bank buys an item for the client and leases/hires it to him at an agreed amount and period. At the end, the client automatically becomes the owner.
Sukuk or Muqarada(Islamicbonds/ financial certificates). These are Islamic Bonds floated to finance a specific project. Investors take a share of the profits of the project being financed but also share in the risk of unexpectedly low profits or even losses. They have no say in the management of the project.
Pros
No interest is charged
Flexible loan conditions
Cons
Profit from venture is shared with the bank
Significant documentation is required
Requirements
Duly completed Loan application form
Duly completed personal guarantee form
Board resolution for the Loan (for companies)
One passport photograph of each signatory.
Identification document for each signatory e.g. International Passport, National ID Card, National Drivers Licence e.t.c. Originals will be required for sighting.
Copy of utility bill issued within the last three months. Originals will be required for sighting.
Two reference forms duly completed by an individual or corporate body maintaining a current account with a bank in Nigeria. (Applicable to current account only)

Bank of industry loans ready for disbursement.

Get your loan approved today!

Get that bank instrument today!

kesx:
Get that bank instrument today!

Hi, what are your T&C?

Wema, incorporated in 1945 as Agbonmagbe Bank Limited, is Nigeria’s longest surviving indigenous bank. The bank became a public limited liability company in 1987 and its shares were listed on The Nigerian Stock Exchange (“NSE”) in 1991. When the bank suffered series of set-backs, the government of the then western Nigeria came in with a rescue take-over bid, purchasing all its shares from its private owners in august 1969. As a result, on 1st of june, 1970, the bank was renamed Wema bank of Nigeria limited and the share capital raised to ₦1million

Products
Salary Advance – Their salary advance is designed to provide monthly overdraft to staff of companies, ministries, Parastatals and other government establishments whose salary accounts are domiciled with the Bank. Their Salary Advance is a temporary revolving overdraft with a maximum tenor of 180 days. The customer must have received their salary through their Wema bank account in the last 3 months. Application is done by completing and submitting the Salary Advance application form or through internet banking.
Mortgages – Their Mortgage offers credit facilities to customers whose salaries or business proceeds are domiciled with the bank to enable them to own homes in selected cities within the country. The maximum loan amount for low density residential locations in Abuja and Lagos is 150 million, whilst for medium density residential locations in Abuja, Lagos and other state capitals it is 50 million. Repayment can be made in equal monthly repayment comprising principal and interest or annual, semi-annual or quarterly principal repayment while interest will be serviced monthly. The monthly repayment shall not exceed 35% of net monthly salary.
Overdraft – It is available to existing salary current account holders with a maximum overdraft limit of N250,000. New customers will have access to overdrafts as soon as the first salary payment is made to the Wema bank salary account. Overdraft to be cleaned up monthly, and will be available for a 12 month tenor. The overdraft may be renewed at expiry, subject to request from customer.
Requirements
Salary Advance

Duly completed loan application form & executed offer section
Letter of introduction signed by an authorized signatory of employer
Irrevocable letter of salary domiciliation (duly executed by employer’s authorized signatory) The signatories must be independently verified by a representative of Wema Bank
Proof of income (3 months’ pay slip or 3 months account statement)
Proof of address (Physical visitation and report by RM) supported with a copy of recent utility bill.
Proof of identity (Staff ID is acceptable but National ID, International Passport or Driver’s License may be required where necessary)
Mortgage

Completed Application Form
Title Document of Property
Offer Letter to Sell property from vendor
Valuation report from any of the Banks approved estate valuer

Go for that loan today!

kesx:
Go for that loan today!

is there a reachable WhatsApp contact?

0ubenji:
is there a reachable WhatsApp contact?

08077918755

kesx : Good day, please can you help me secure a loan of N2 - 3 million Business Capital for 12 months, I have a plot of land in Abaranje worth 20/25 million to be used as collateral... if yes am reachable on
prettybukkie2u4ever@yahoo.com
08023685119

Loans available with FCMB !

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Get your bank offer letter today