Micro Loans

Cash Rite Microfinance Bank gives entrepreneurs the opportunity to easily access loans in a speedy, transparent and well-organized environment.
Our expertise and international standards assure our clients quality service and delivery. Loans currently range from N20,000.00 to N1million; maximum tenor is 6 months. Cash Rite Microfinance Bank is very outstanding among its equals because it provides quick and easy access to credit facilities. Documentation and collateral requirements are significantly flexible and the processing time can be as short as 24 hours.

  • No audited financial statements required.
  • Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, property etc.)
  • Flexible documentation requirements.
  • Long-standing clients with impeccable repayment record qualify for successive interest rate discounts and even faster loan processing.
  • Group loan – our loans are also accessible to groups

Kindly note that all applications undergo an on-site assessment by one of our lending staff prior to a committee decision.
Are you interested? Simply come to our bank and meet our friendly loan officers for a proposal.

CASH RITE MICRO LOAN PRODUCTS

Cash Rite Group Loan

20,000- 1,000,000

4.5% Flat

Cash Rite Edu Plan

30,000 – 250,000

4.5% Flat

Disbursement Fee

3.5% of Disbursed amount (One-off Charge)