About FIRMUS ASSET FINANCE LOAN

Firmus Current Account opening – N20,000.00 (Compulsory) for business, N8,000.00 for salary earners REQUIREMENTS Execution of Firmus loan application forms Execution of Firmus Guarantor form and provision of collateral KYC pictures on Applicant and Guarantors Addresses (Home and Office). Valid ID and Work ID for both applicant and guarantor.(NIN and Intl Passport Compulsory) Utility Bill for both applicant and guarantors. Complete CAC documents(Certificate, Memorandum of Association, form CAC7, form CAC 2) Invoice/documents for the asset to be purchased Insurance stating Firmus as First loss Payee Chattel Mortgage on Asset to be purchased/ tracker installation Provision of 3 active statement of account from applicant (Corporate and personal Accounts) Provision of 2 active statement of account from guarantor(s) Activation of NIBSS and remita on all active accounts provided by the applicant Activation of NIBSS and remita on all active accounts provided by the guarantors Provision of cheques for repayment from both applicant and guarantor Execution of Stock Hypothecation form Execution of Offer letter""

Requirements for loan

• Utility bill of guarantor(s)
• Work ID (for salaried individuals only)
• 2 recent passport photographs of guarantor(s)
• Valid means of ID - a voter’s card, international passport or a driver's license
• Proof of residential address (utility bills, tenancy agreement)
• Copy of official ID cards of the guarantor
• Statement of account for a minimum of 6 months and pay slips covering an equivalent period for salary earning borrowers
• Statement of account for a minimum of 6 months and pay slips covering an equivalent period for salary earning guarantors
• Recent Passport Photograph
• CAC
• 1 guarantor (valid id ,1 passport, house utility)

States Covered