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LPO/Project Financing
This product is granted to customers who seek financial support for financing job orders from reputable and credible organizations obtained locally.
- Loanable amount above N500,000.00
- Maximum tenor of 90 days
- Partial or complete financing of L.P.O.
- 3-6 months active banking relationship with Covenant Microfinance Bank
- Valid local purchase order
- Completed letter of domicilation of payment with Covenant Microfinance Bank
- Hand written or typed application letter with facility application form
- Duly filled guarantor’s form
- Small business owners
- Micro entrepreneurs