AB Microfinance Bank Nigeria offers entrepreneurs the opportunity to easily access loans in a quick, transparent and efficient environment. Our expertise and international standards assure our clients of quality service and delivery.
Credit amounts are currently ranging from as little as N15, 000.00 to N1.5 million, although larger applications may be considered as they arise. The amount granted to successful applicants is generally tailored to the borrower’s business, based on detailed assessment.
Prospective borrowers need not have saved any money with AB Microfinance Bank before they apply for a loan, as we do not support forced savings. All that is needed is an existing, viable business.
What sets AB Microfinance Bank apart is primarily the efficiency and ease of access to credit facilities it offers clients. Also, documentation and collateral requirements are significantly more flexible than anywhere else in the Nigerian banking sector, and processing time is the shortest available.
LOAN PRODUCTS
NAME
AMOUNT AVAILABLE
INTEREST PAYABLE
AB Business Flexi
N15, 000 – N100, 000
6% interest (on declining balance)
AB Business Plus
N100, 001 – N500, 000
5.5% interest (on declining balance)
AB Business Max
N500, 001 – N1, 500, 000
5% (on declining balance)
Example of a repayment plan for a loan of N200, 000 payable in 5 months:
