Features

  • Maximum of N10bn
  • Tenor: Maximum of 15 years
  • Moratorium allowed
  • Term loan and Overdraft (OD for 1 year only, however renewable).
  • Insurance compulsory for all live components and other assets on farm

Benefits

  • Maximum interest rate of 9%
  • Working capital finance
  • Asset finance.
  • Moratorium allowed depending on cash flow/transaction dynamics
  • Up to 15 years loan repayment period

Requirements

  • Business must have been operational for a minimum of 2years or 2 production cycles
  • Minimum of 3 months banking relationship with Diamond Bank
  • Tangible collateral in line with existing banks policy

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