Vehicle Loan

We offer flexible repayment options for businesses looking to buy new or used vehicles and insurance for the loan.

What does it offer you:

  • You immediately get access to use the vehicle.
  • Your business will own the vehicle at the end of the agreed period once the last payment has been made.
  • There are a wide variety of repayment options available to suit your business’ cash flow.
  • We'll advise you on how to structure the loan taking into account your business’ cash flow and the amount you have available for deposits.

 

What you need to apply:

  • Full names and capacities of those who will sign the finance deal.
  • CV of each member of the management team.
  • The reason you need the finance.
  • Your business' financial statements, including an income statement, balance sheet and cash flow statements.
  • Personal statements of assets and liabilities of all the partners, members or directors.
  • A 12 month cash flow estimate.
  • The amount of your own contribution and the source of the funds.
  • If you do not have a business account with Stanbic IBTC Bank you must provide the business' bank statements for the past six months.

 

 

For more information:

Please visit a Stanbic IBTC Bank branch near you or call 0700 CALL STANBIC (0700 2255 7826242) or +234 01 270 9676 or e-mail customercarenigeria@stanbicibtc.com 


Customer Care Line

Nigeria
0700 333 3333

International
+234 700 333 3333

Email

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