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Short Term Loans

Our Services

  • Short Term Loans

    A short term loan is typically made by banks and finance institutions under their line of credit management. The short term loans are usually payable either on demand (a demand loan) or at some specific maturity (dated loans). Short term loans granted by Bancorp Finance Limited are usually dated loans payable at some specific maturity date.

    Requirements


    Corporate Entities
    1. Application Letter
    2. Copy of Certificate of Incorporation of the Company – bring original for sighting
    3. Copy of Memo & Articles of Association – bring original for sighting
    4. Company Profile
    5. Form CO7 and CO2
    6. Audited Accounts for the last three years
    7. Bank Statements for the last six months
    8. Projected Cash Flow for the next twelve months
    9. Name of a Guarantor
    10. Passport Size Photograph of the Guarantor
    11. ID card (International Passport, Drivers Licence or National Id Card) of the Guarantor
    12. A copy of Utility Bill ( PHCN, Water bills)


    Individuals
    1. Application Letter
    2. Employment Letter & Last Promotion Letter
    3. A Copy of Utility Bill (PHCN, Water Bill, Phone Bill etc)
    4. Bank Statement for the last six months
    5. Pay Slip for the last three months
    6. Name of a Guarantor
    7. Passport Size Photograph of Guarantor and that of the Applicant
    8. ID Card (International Passport, Drivers Licence or National ID Card) of the Applicant and the Guarantor

    Please Note
    We accept shares as collateral for loan.

    Download Account Opening Forms

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Contact Information

Lagos Office
3rd Floor UNTL Building
1 Davies Street
Off Marina, Lagos, Nigeria.

Port Harcourt Office
Ground Floor, OKLEN Suites
1, Evo Road, Off Olu Obasanjo Road
GRA Phase 2, Port Harcourt
Rivers State, Nigeria

+234 (1) 462 2371-5

info@bancorpfinanceng.com