RISK ASSETS

  • At Diamond Bank, we understand that no two businesses are the same. That is why we have created diverse loan
    options, giving you the opportunity to choose which of our offerings best fits your business cycle.
    Our Offering:
  • Diamond Mediloan specially crafted for the healthcare businesses
  •  Diamond Emerging Business School Loan for schools
  •  Emerging Business Hospitality Sector Lending for players in the hospitality sector
  •  Emerging Business Loyalty Lending for the bank’s good historical borrowers
  •  MSME instalments and revolving credit to support MSMEs

DIAMOND MEDILOAN

ABOUT

We value healthcare and have made access to finance easier for them. The diamond mediloan quality
Safecare, offered in partnership with The Medical Credit Fund (MCF) offers up to 3million working
capital without collateral, and 150million for equipment purchase, facility expansion/renovation and lots
more, all at discounted rates.

WHO CAN ACCESS THIS FACILITY?

  • Private hospitals
  • Clinics
  • Medical labs / Diagnostic centers
  • Pharmacies

ELIGIBILITY CRITERIA:

  • Must have been in business for at least 2 years
  •  Must have proper health care registration including relevant documentation e.g. license to practice, certificate
    of retention of premises
  •  Must have at least 10 customers per day.

DIAMOND EMERGING BUSINESS SCHOOL LOAN

ABOUT

This loan is designed to meet the day-to-day operational needs of running a school. It allows the benefit of termly
repayments to align with the school calendar

WHO CAN ACCESS THIS FACILITY?

  • Private creche, nursery, primary and secondary schools that are duly approved and registered by Ministry of
    Education and Corporate Affairs Commission.

ADDED BENEFIT

  • Schools can upgrade their playgrounds, lawns, soccer pitches etc. through access to finance under the
    Diamond/ VP-Grasse Scheme to procure artificial grass turf for schools.

ELIGIBILITY CRITERIA:

  • Applicant must operate a Diamond School Advantage Account
  • Applicant must be registered as a Sole Proprietorship, Partnership, or Limited Liability Company
  • School must have a minimum student population of 50
  •  Applicant’s business must have been in operation for at least 2 years and have also run three consecutive
    academic sessions.

EMERGING BUSINESS HOSPITALITY SECTOR LENDING

ABOUT

Loans tailored to meet the asset financing needs of players in the hospitality sector.

WHO CAN ACCESS THIS FACILITY?

  • Hotels, restaurants, bars and guest houses.

ELIGIBILITY CRITERIA:

  • Business must have been operational for at least 2 years
  • New to bank customers must have at least 3 months banking relationship with Diamond Bank
  • Financing is available for only industrial-sized assets.

EMERGING BUSINESS LOYALTY LENDING

ABOUT

This is a lending initiative tailored towards rewarding long standing good past borrowers of the bank. It allows collateralfree
lending of up to 5M naira.

 

 

 

WHO CAN ACCESS THIS FACILITY?

  • Any customer of the bank who has previously borrowed from the bank without any default

 

 

 

 

ELIGIBILITY CRITERIA:

  • Maximum of 5 years since last borrowing
  • Customer must be in the same line of business since the last time loan was availed
  • Customer must not have defaulted in the past
  •  Loan amount cannot exceed previously availed amount
  • Customer must have no existing loans as at date.

MSME INSTALMENTS AND REVOLVING CREDIT

ABOUT

Loans designed to meet customer’s business needs

 

 

 

 

WHO CAN ACCESS THIS FACILITY?

  • All Diamond Business Advantage (DBA) account holders.

 

 

 

 

ELIGIBILITY CRITERIA:

  • Business must be duly registered with Corporate Affairs Commission
  • Business must have been operational for at least one year
  • Customer’s Debt Service Ratio must not be above 30%
  •  For revolving credit, customer must demonstrate a need for the facility and is expected to utilize facility once
    availed

Apply Now