August 16, 2023


Term Loans for Schools

This is a medium to long term facility aimed at assisting established and well-structured schools in the expansion of their landed properties to meet obvious or anticipated business demand. The tenor spans from 3 to 10 years, giving schools funds up to 400million.


  • Facility Type: Term Loans for Schools
  • Amount: Minimum of 20,000,000 and Maximum of 400,000,000
  • Pricing: Interest rate: Competitive, Management fee: 1%, Commitment fee: 1%
  • Tenor: Minimum of 3 years and Maximum of 10 years
  • Repayment: Quarterly repayment of principal and monthly repayment of Interest
  • Security: Legal mortgage on the property being financed or alternative property (Buy). Legal mortgage on an alternative property (Build)

Invoice Discount Facility

Are you in need of quick funding while awaiting payments on an executed contract? If your response is yes, then you can rely on them to provide a bridge finance, for your use, while you await payments on the contract from the concerned principal.

This is a short term borrowing facility which provides a quick cash flow solution to your business needs. Your business can draw money against invoices (receivables) issued before your clients pay for products supplied or services rendered. Up to 70% of the value of confirmed invoices can be advanced for a set period of 30-90 days prior to when payment is made.


At Guaranty Trust Bank, they are desirous of supporting your business by providing you with the required funds to support your working capital. It is a line of credit that allows a customer write cheques for more than the actual balance on the account with a finance charge on the excess. It is an open credit which can be used repeatedly until the balance on the account reaches a certain pre-arranged limit with a specific repayment date, usually one year.

The funds are usually available for your use for a tenor of one year but it can be renewed upon satisfactory performance.

Fashion Industry Credit

Tailored to your Fashion business and designed for growth. Building a fashion business is one of the most exciting things you can do, when you have the right support. That is why they have created a single digit interest rate loan at 9% to provide entrepreneurs in the fashion industry with all the financing they need to grow their business.


  • Up to N5 Million for your fashion business.
  • Single digit (9% per annum) interest rate
  • No fees
  • Flexible repayment plan spread over 360 days
  • Customers can access up to 50% of average annual turnover


Simply click on Fashion Credit on GAPS Lite and follow the prompts.

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