Dillon Loans
DILLON TRADER'S LOAN
This product is specifically tailored to traders who are interested in expanding their business to increase profitability. Available to Micro enterprises, artisans, retail traders with a viable business and positive cash flow.
- Flexible collateral requirements
- Affordable monthly repayments
- Opportunity to access larger loans
- Longer tenures and Dedicated Account officer
- Completed Dillon MfB loan application form
- Utility bill
- Acceptable means of ID (int’l passport, driver’s license or national ID card)
- 2 passport photos
- Guarantor with the above documents, but 1 passport photo
- Board resolution authorizing the opening of corporate account and borrowing
- Invoices
DILLON FESTIVAL LOAN
This is a short- tenured facility not exceeding 90 days that is accessible only during festive periods associated with a high volume of sales like Christmas, Muslim festivals, Easter etc. Available to Micro-enterprises, artisans, retail traders with a viable business and positive cash flow
- Flexible collateral requirements
- Affordable monthly repayments
- Opportunity to access larger loans
- Longer tenures and Dedicated Account officer
- Completed Dillon MfB loan application form
- Utility bill
- Acceptable means of ID (int’l passport, driver’s license or national ID card)
- 2 passport photos
- Guarantor with the above documents, but 1 passport photo
- Board resolution authorizing the opening of corporate account and borrowing
- Invoices
DILLON ASSET ACQUISITION / MICRO LEASE
This facility is granted to businesses for the purchase of a specific fixed asset(s) that are used in the ordinary course of the business in generating sales or facilitating the production of goods meant for resale or necessary for the day - to- day running of the business. Available to Microenterprises, artisans, retail traders with a viable business and positive cash flow.
- Flexible collateral requirements
- Affordable monthly repayments
- Opportunity to access larger loans
- Longer tenures and Dedicated Account officer
- Completed Dillon MfB loan application form
- Utility bill
- Acceptable means of ID (int’l passport, driver’s license or national ID card)
- 2 passport photos
- Guarantor with the above documents, but 1 passport photo
- Board resolution authorizing the opening of corporate account and borrowing: (N/A)
- Invoices: Proforma Invoice – for asset of choice from a choice vendor
- Provision of Equity Contribution
DILLON WORKING CAPITAL LOAN
This product is a flexible short term loan businesses need for their day - to- day trading operations. Available to MSMEs with a viable business and positive cash flow.
- Flexible collateral requirements
- Affordable monthly repayments
- Opportunity to access larger loans
- Longer tenures and Dedicated Account officer
- Completed Dillon MfB loan application form
- Utility bill
- Acceptable means of ID (int’l passport, driver’s license or national ID card)
- 2 passport photos
- Guarantor with the above documents, but 1 passport photo
- Board resolution authorizing the opening of corporate account and borrowing
- Invoices: N/A
DILLON OVERDRAFT FACILITY
This is a credit facility that allows customers to overdraw on their business current account. It affords the customer the flexibility to overdraw on the same account used for their daily banking transactions. The overdraft limit is approved based on the turnover from the customer’s business account. Available to MSMEs with a viable business and positive cash flow.
- Flexible collateral requirements
- Affordable monthly repayments
- Opportunity to access larger loans
- Longer tenures and Dedicated Account officer
- Completed Dillon MfB loan application form
- Utility bill
- Acceptable means of ID (int’l passport, driver’s license or national ID card)
- 2 passport photos
- Guarantor with the above documents, but 1 passport photo
- Board resolution authorizing the opening of corporate account and borrowing
- Invoices: N/A
DILLON SALARY ADVANCE
This product is specially designed to bridge the funding gap for employees of government, ministries agencies and parastatals. It helps fund urgent personal needs with repayment tied to their monthly income. Government Salary earners in Lagos with a minimum monthly net salary of N30,000.00
- Flexible collateral requirements
- Affordable monthly repayments
- Opportunity to access larger loans
- Longer tenures and Dedicated Account officer
- Completed Dillon MfB loan application form
- Utility bill
- Acceptable means of ID (int’l passport, driver’s license or national ID card)
- 2 passport photos