How To Get FirstEdu Loan – Education Finance From FirstBank.

How To Get FirstEdu Loan – Education Finance From FirstBank.

FirstEdu Loan is that Education Finance Plan from FirstBank to assist private school owners.

Education is a thriving business in Nigeria, given the fallen standard of learning in our public private school. Most parents who are well to do will prefer enrolling their child into a private school, which offers better teaching/learning experience.

Finance has been an integral part  of any business, for without adequate finance most businesses will fall.

FirstBank, one of the leading financial institutions in Nigeria; is poised to support owners of private schools, get the required funding that will keep them going.

Be it the procurement of School Buses, expansion of existing facility or paying for other operational cost, FirstEdu by FirstBank has got you covered.

With 125 years experience in Business, FirstBank is no doubt the Go-To Authority when investment Banking is concerned.

firstedu loan

FirstEdu Loan by FirstBank

The FirstEdu loan is available to Private schools owners who require extra funds for the smooth running of their school operations.

Features

• Available to all private schools duly registered with CAC (either Government approved or not).
• Tenor is from 90 days to 12 months (terms and conditions apply).
• Maximum Loan amount is N20m.
• Finance of operational vehicles for schools (new and fairly used)
• Asset acquisition of up to N20m for 24 months.
• Collateral is undertaking to domicile school fees with FirstBank.
• School must have been in account relationship with any bank for a minimum of 12 months.
• School must have a minimum student population of 100.

HOW TO GET EDUCATION LOANS FOR STUDENTS, TOP 5 BANKS THAT OFFERS STUDENT LOANS IN NIGERIA 

Benefits

• Convenient means to finance working capital needs.

Accompanying Documents

• Evidence of Government Approval of school.
• School Memorandum and Articles of Association (MEMART) where applicable.
• Documents showing how long school has been in the business.
• Documents showing the number of students in the school.
• Any other documents that may be required by the bank.

GTbank QUICK CREDIT; HOW TO APPLY IN 2 EASY STEPS

Who Can Apply 

• Private pre-primary, primary, secondary schools, A’ level Tuition Providers registered with both State Ministry of Education and Corporate Affairs Commission.

for more information about this Loan Offer, contact Firstbank HERE

Your Comments and contributions are very much welcome.