SME LOANS
Nurturing businesses for growth means bridging identified gaps in your client’s business. One of those gaps is funding gap and as a Bank, they have the following loan solutions for their SME customers;
SBG Fast-track Loans
SKYE School Advantage
Loan Types
To purchase school buses or generating set not less than 15KVA
To purchase laboratory equipment, furniture, books for library, pay rent
To provide working capital to schools for payment of salaries, purchase of stationery, repairs, etc
Retail Loans for Parents and Teachers
Skye Bank also offers a range of retail loans to address the funding needs of parents to pay school fees and also for teachers to bridge working capital against their salaries. The following are the retail loans and their features:
Personal Term Loan
This can be used by parents, who work in well-structured organizations, to pay school fees.
Features
Salary Advance
This can be used by teachers to bridge personal funding gap against next pay day.
Features
Salary Overdraft
This can be used by teachers to augment personal cash flow as the need arises.
Features
AUTO LOAN FOR BUSINESS OWNERS
Features
Other loans processed on the SBG Fast-track platform are itemized below;
Please note that all other loan amounts above the specified maximum limits can still be accessed subject to their minimum risk acceptance criteria.
Loan Product for Hajj Operators
This product is specially designed for Private Tour Operators (Travel Agents) involved in the seasonal Hajj operations. Advance and overdraft facilities are availed to the operators to bid for seat allocations and to cater to logistics needs on behalf of Islam pilgrims.
Features
Qualifying Criteria
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