To confirm your Business Loan application, first-time applicants are required to make a one-time refundable Processing Fee payment of ₦1,250. It will be credited to your wallet balance, upon successful verification.
This process helps complete documentation review, compliance checks, fraud prevention measures, risk assessment procedures, and other administrative requirements associated with opening a MFB account and serves as the minimum threshold for new accounts. By continuing, you agree to our Terms of Service. Please review.
Once you have completed your application, you may check your loan status for updates.