If my bank account has High Turnover, what bank do you advice is likely to give out credit facilities?
I'm talking turnover of 70, 80 Million upwards, Hundreds of millions, or even billions of naira, which bank do I approach for credit facility?

Also, what type of accounts are considered or have higher Probability?
Savings account, Current account or any?
corporate/company account, personal account or any?

All banks so long as its 50 Million and above. Begin your journey with FCMB

Providos bank

Stanbic IBTC

I know many would understand the in and outs of these matters, so please don't hesitate to contribute.

Somebody once told me that it's within the range of 10 to 15% of your total turnover in the last 12 months.
Someone else said something like, corporate & company accounts are preferred, savings or Current, doesn't matter, just company or business name accounts

Whatever you know about these matters, pls let me know. Thank you.

1TrippleCee:
All banks so long as its 50 Million and above. Begin your journey with FCMB

You sure of this?
And the account presented has to be FCMB account right?

You can't just open a bank account today and the bank will approve loan today for you. You must have been a customer for as much as 6 to 12 months. There are categories of loan anyway

GreaterFuture:

You sure of this?
And the account presented has to be FCMB account right?

Yes @ You sure of this?


Not necessarily @ And the account presented has to be FCMB account right?

GreaterFuture:
If my bank account has High Turnover, what bank do you advice is likely to give out credit facilities?
I'm talking turnover of 70, 80 Million upwards, Hundreds of millions, or even billions of naira, which bank do I approach for credit facility?

Also, what type of accounts are considered or have higher Probability?
Savings account, Current account or any?
corporate/company account, personal account or any?

Corporate account with Jaiz bank

1TrippleCee:

Not necessarily @ And the account presented has to be FCMB account right?

Ok... Thanks a lot.

Pls Is this a pattern with most banks, that when trying to get credit, any account from any bank other can be presented, not necessarily their own banks?

GreaterFuture:

Ok... Thanks a lot.

Pls Is this a pattern with most banks, when trying to get credit, any account from any bank other an be presented, not necessarily theirs?

Banks do not matter when the earnings is huge

Macphenson:
Stanbic IBTC

Which type of accounts are preferred? Company or personal accounts?

And does it have to be a Stanbic Bank account that will be presented, or any account from any bank is fine?

Okoroawusa:
You can't just open a bank account today and the bank will approve loan today for you. You must have been a customer for as much as 6 to 12 months. There are categories of loan anyway

Yes I know that, that's pretty obvious.
But does it have to be the bank's own account presented? Or I can present any bank's account other than theirs?
Also from what level of turnover am I likely to be considered and which banks are very likely to give?

That's the main information I'm trying to get