₦airaland Forum

You believe getting your equity contribution in 6 months might be a challenge?
Or raising fund for your plan projects is in jeopardy.

I have good news for you.

There is a platform that deals with that.

contact me - 09095966665 or

email - akdam_multiwealth@yahoo.com

you will be glad you did.

shadonnay
ucheosefoh
uwadiaeufuoma
nuolaopal

are you guys for season 1 or 2. Indentify yourself.

emperoracro:
i haven't gotten any mail

Oga, check your mail very well.

But you responded to the mail now. so how come.

Season 2 for all those who want to start businesses or wanting to change job or you are a youth corper and you are praparing for the after servcive life.

Watchout !!!

Thank to that have responded. Business owners season 1 has kicked off.

A mail has been sent to your email.

The project has actually begun on a very high note.

Expiriences and testimonies will be share on this thread.

Thank you.

Nairaplus:
nairamanc@gmail.com

Alright no.12

echoedwalls:
bukolaroberts@gmail.com

OK, no.11

5 to go. who would they be? Dont be left out in this project. U wont be glad when u start hearing the testimonies here.

Joepraiz:
adesdorcas@gmail.com

On board no.10

favour2012:
Moneke_favour@yahoo.com

Huh no.9

Guarantor:
a4labi2013@gmail.com

No.8 on board

fgr63:
uyefrancis@gmail.com

Yea no.7

dazzlingkenny:
dazzlingkenny@yahoo.com

You are welcome no.6

40dogzz:
petmore54@gmail.com

details will be communicated at dsame time Welcome no.5

That there was an eventual change in Aso Rock will not culminate to an effectual change on your table. The change in Aso Rock will only culminate to change in Economic and Environmental indices.

The effectual change will only be seen on your table by the actions or inactions you take as a result of the input into the economic changes resulting into a better standard of living.

That is the actual change.

Think GLC cooperative for better standard of living.

tinsen:
Adegbolaoluwaseun1606@yahoo.com

welcome on board, no.4.

keep the call and msg coming

1. akinalex127
2. felixolikagu
3. dandiamond63
4. .........................................

Let team up to make this vision a reality.

I need just 15 people to set the ball rolling.
If it didnt work, money back guarantee.

Interested send your mail here or contact for more details -

call - 09095966665
BBM Pin - 560C1042

JUST 15 PEOPLE AND THATS ALL.


OUR MISSION
"Raising 1,000,000 Entrepreneurs that can Compete Globally, Building Successful World Class Businesses"

Why Join GLC?

Members stand to enjoy mind blowing benefits such as;

Raise over $200,000 to start up businesses and fund projects
Participate in GLC fund cooperative club and raise fund amongst people of like minds
Members are trained to become world Class business owners, building thriving businesses
Members can enjoy free advert using GLC active advert panel to promote their business and gain global recognition
Members enjoy free business consultancy and mentoring
Meet successful and intelligent entrepreneurs
Free educational materials

For your Real Estate matters, NHF, Mortgages and developments contact

Raise your capital with ease at GLC.

Money back guarantee.

For funds to put your dream project on ground you may consider this-

https://www.nairaland.com/2162753/cooperative-where-raise-investment-capital


and look thru this also -

https://www.nairaland.com/2204949/need-investment-capital-transformation-change

3. Specialized Banks - like BOI, NAB, NCB, etc

These are government structured banks for the upliftment of the economy. These ones do not go on marketing to woo client for deposit.
Most times well mean Nigeria put their deposit their for people to come and access it as loan for purpose that has direct impact on the economy and GDP. Such as People like Dangote with BOI.

Overdraft and loans are accessible. you do not have to have an account with them but must have a good account with the bank you are banking with.

And loan is approved subject to well detailed purpose, structure of your company, good turnover (6 month statement, and meeting other very stringent requirements.

Be sure ready to higher a consultant to package your request to them or else, bye bye.

They are almost the best but very very difficult to access loan from, except maybe as government functionary.

There charges are relative low compare to all banks. Be raedy to pay upfront charges, btw 1% to 2% of amount involved and you do not need to have mouth.

monthly interest rate is relatively low too, around 14%

Processing time is longer. Reason, maybe because of government bureaucratic process.

You must bring collateral.

Most times they dont finance startups.

Duratiion - Those that patronised them are mostly for long term loans.



CAUTION - Nothing much. But if you enter a hole or travelled out or die self, they will always get you. so dont even think of running any where.




4. PMB (Prmary Mortgage Bank)

These are licesened to deals on mortgage and real estate transactions.

Ofcourse some do other forms of loans but at very exorbitant rate.

Overdraft, loans and salary advance. you must have an account with them or be ready to wait for 6 months of transaction before loan is availed or not subject to good turnover ( even after 6 month); CBN rules.

Be raedy to pay upfront charges, btw 3% to 4% of amount involved depending on the bank and how much you get mouth.

monthly interest rate for direct mortgage is between 22% to 29% depending on the amount involved, duration and how much you get mouth.
But for mortgage loan (NHF) it is 6%, because it is statutory.

Processing time is something else btw 15 day to 3 month.

You must bring collateral- landed properties, etc ( cost of processing these landed properties for loan processing could be as much 500k. No other collateral is recognised, except you get mouth

No percentage contribution is required for overdraft or salary advance. But for Mortgage and NHF; 10% to 30% is required.

Duration is dependent on type of loan from 1month to 36months for direct mortage and max of 30years for NHF.



CAUTION - For working capital loan, especially startups, do not go their except you so sure of your profit. But nothing is sure in Nigeria nowadays. You may never being able to pay back. If you landed property cost 100m and you owe 5m. They will still collect your property oh, seriously!!!



5. Financial Institutions

through overdraft, loans and salary advance. No need for account opening.
loan is availed subject to gurantor, collateral, good statement turnover and NO RETURN CHEQUE.

Most only patronised bank workers or oil company workers. some also consider self employed that has good guarantor.

Be raedy to pay upfront processing charges, btw N500 to N5,000 depending on the firm

monthly interest rate of 4.5% to 30% flat rate depending on the amount involved, duration and how much you get mouth.

Processing time is something else btw 1 day to 2 days.

You must bring collateral or 2 to 3 guarantor

Duration is dependent on type of loan from 1month to 9months.



CAUTION - Do not owe or fall back on your obligations with them, you will regret it ever going to them. There interest kill faster than high Blood Pressure!!!!!






6. Financial Individuals - (Loan sharks)

Overdraft, loans or salary advance oh all are loans to them.

No need for account opening, statement. you may even have a bad credit rating. You are welcome to thedy to pay upfront charges, btw N2,000 to N6,000. Non negotiable

Be ready to pay monthly interest rate of 30% to 50% flat rate on the amount involved.

Processing time is something else btw 1 day to 2 days.

You must bring collateral-like guarantor, your car (physical possession), generator, etc

No bank is invovled

Duration is dependent on type of loan from 1month to 6months.



CAUTION - Before warned is to before armed. If you no get liver do not go there. Na early grave. There is nothing like salary never come, dem never pay money for contract.





7. Cooperatives -


A coop is an organ set up by a common people with like mind or purpose to achieve a common objectives, most times financial objectives.

You just register to be a part and abide by the rules and regulations they called Bye-Laws.
You do your monthly contributions called savings faithfully. The amount for savings is fixed by the coop like it must not be less than N2,000 monthly.

You also contribute to share contribute.

when you need loan, you can only borrow 2 ply the amount you have as savings, have 2 or 3 guarantors within the coop.
That means if your savings is little loan you will be entitled to will be little. Personal faith decider, i called that.

Interest rate cannot be more than 1% to members. So cheap, abi.

Repayment could be as long as forever, as long as you are still a member.

Some cooperatives grant loan to outsides (non members)
They only follow the usual financial firms requirement.

You may update yourself on the link below -

https://www.nairaland.com/1263267/need-investment-capital



CAUTION - No caution. If you are in any cooperative happy are yee. They help you grow faster and with ease. You sleep with your 2 eyes close.




8. GLC cooperative Club.


A coop is an organ set up by a common people with like mind or purpose to achieve a common objectives, most times financial objectives. A cooperative club where they leverage on members capability and capacity

You register to be a part and abide by the rules and regulations
GLC coop do not collect monthly contributions or savings apart from the amount you take to register.

GLC call loan request as capital.
GLC raise capital for what ever your request or purpose is.
when you need capital for your business, GLC put in place a platform to raise that capital for you.

They do not need collateral or guarantor.

The duration to get the capital raised is within 6 months from the date of becoming a member.


No interest rate. Wow is this for real? Real i tell you.
No upfront charges or monthly interest

But as a member you must be there advert board or there marketer. You must spread the gospel according to GLC to 3 people who would like to raise capital for business like you. ( well wont someone rather do this in exchange for upfront charges, interest rate, collateral, guarantor, statement of account, embarrassment, etc) FOOD FOR THOUGHT.

You may update yourself on the link below -

https://www.nairaland.com/1263267/need-investment-capital

https://www.nairaland.com/2162753/cooperative-where-raise-investment-capital



CAUTION - No caution. If you are in any cooperative happy are yee but if you are in GLC coop, i think, best are yee. They help you grow faster than you will ever imagine and with ease. You may sleep with your 2 eyes close for 24 hours, if possible.



Constructive contributions are welcome.

Where best to raise fund for Business and project purposes.

This is not a debate just an overview and information sharing.

As a structured finance consultant, I have worked there, seen and heard a lot.

Its a choice but choose best.

you can raise funds from the following

1. Commercial banks -

through overdraft, loans and salary advance. But be rest assure you must have an account with them or be ready to wait for 6 months of transaction before loan is availed or not subject to good turnover ( even after 6 month). not there fault; CBN rules.

Be raedy to pay upfront charges, btw 1% to 4% of amount involved depending on the bank and how much you get mouth.

monthly interest rate of 14% to 22% depending on the amount involved, duration and how much you get mouth.

Processing time is something else btw 1 day to 1 month.

You must bring collateral- landed properties, etc ( cost of processing these landed properties for loan processing could be as much 500k. These could as well starts a business. Or what do you think. There are some other form of collaterals anyway.

If the loan is for buy of assets like cars or equipments; a percentage contribution is required of you of the amount involved, between 10% to 30%. And offcourse the title papers will be in the banks name till full repayment is made.

Duration is dependent on type of loan from 1month to 48months.

CAUTION - Do not push them to the wall when you owe them. Even though they always give longer rope, dont take them for granted. They sometime carry human feelings, anyway.


2. MicroFinance Banks -

these set of banks, from my study were created to make use of the parent commercial banks deposits, to produce more income on behalf of the parent commercial bank, because they are close to the grass root, lesser stringent rules from CBN, etc

overdraft, loans and salary advance. Whether you have an account with them or not is not a problem.
But be ready to enjoy a higher interest rate and upfront charges if you have no former account history.
Or be ready to wait for 6 months of transaction before loan is availed.

upfront charges, btw 4% to 10% of amount involved depending on the bank and how much you get mouth.

monthly interest rate of 14% to 22% depending on the amount involved, duration and how much you get mouth.

Processing time is something else btw 1 day to 5 days. Very fast i tell you. Ofcousre you will pay for it.

The amount involved and the kind of business or the purpose of the loan determines the collateral.
Colaterals like gurantors, goods, car documents, etc You may bring landed properties ( cost of processing these landed properties for loan processing could be as much 500k. These could as well starts a business. They will be very happy but for how much.

Whether the loan is for buy of assets or not you must save a percentage of the amount involved, mostly 20% with them. The question is if am to borrow 1m, i will have to save N200,000 with them. What do you thinks?

Duration is dependent on type of loan from 1month to 12months.

CAUTION - Do not owe or fall back on your obligations with them, you will regret it ever going to them in the first place.

TO BE CONTINUED..........................

teezy01:
can we discuss bizness pls
gbolataiwo28@gmail.com

Yes

Dapo
Structured Finance & Real Estate Consultant