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Under this loan scheme, we provide high-value loans to the business community who are currently running their businesses successfully. These loans are granted based on their ability to repay and their specific financial needs. The Winners Business Loan is designed to support established businesses in their expansion and growth, offering them the financial strength required to take their ventures to the next level.
Eligibility Criteria
- Must have a legally registered business & Bank current Accounts
- Typically, businesses should have been operating for a minimum period (often 1-2 years).
- Demonstrable revenue and profitability, usually supported by financial statements (income statements)
- An acceptable debt-to-income ratio to ensure the business can manage additional debt.
- Customer age should be aged between 18-65 years.
Key Features
- Loans are granted based on business growth, incentivizing expansion and success.
- Businesses can access higher loan amounts with more favorable terms as they demonstrate growth.
- Flexible Loan Amounts: Loans available in a range of amounts, allowing businesses to secure funding that aligns with their specific requirements.
- Repayment can flexible method (Weekly,By weekly, Monthly)
Benefits
Cost
of Work
What should I consider before taking out a business loan?
Consider your business’s financial health, the purpose of the loan, the interest rates, repayment terms, and whether you can afford the payments.
Can I use a business loan for personal expenses?
Business loans should be used for business-related expenses only, as using them for personal expenses can violate loan terms.
How long does the approval process take?
Approval times can vary from a few hours to several weeks, depending on the lender and the complexity of the application.
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