Tutorial on How to Apply for Loan in Standard IBTC Bank
Tutorial on How to Apply for Loan in Standard IBTC Bank. As a matter of fact, Stanbic IBTC Bank offers Nigerian entrepreneurs a great opportunity to obtain business loans without providing collateral. The loans are designed to help SMEs buy assets, but the asset only becomes yours when you make the last payment on the loan.
HOW TO APPLY
To apply for a non-collateral loan with Stanbic IBTC, you should be prepared to provide the bank with the following information:
1.First of all, The full names and capacities of those who will sign
2.Also, The CV of each member of the management team.
- Also, The reason why you need the finance.
Your business’ financial statements, including an income statement, balance sheet, and cash flow statements.
Also, Personal statements of assets and liabilities of all the partners, members or directors.
A 12-month cash flow forecast.
The amount of your own contribution and the source of the funds.
Finally, If you do not have a business account with Stanbic IBTC Bank, you must provide the business’ bank statements for the past six months.
For more information, please visit a Stanbic IBTC Bank branch closest to you or send an email to email@example.com.