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Merchant Credit
Merchant Credit is a digital lending solution which is aimed at providing digital loans to merchants who specifically use the First Bank POS terminal.
Loan Information
Description
Features
Tenor Options
Channels
Terms & Conditions
Description
Merchant Credit is a digital lending solution designed to provide quick and convenient loans to merchants using FirstBank POS terminals. It addresses working capital needs by offering accessible financing with flexible repayment loan tenors tailored to support business operations.
Features
20% of average monthly turnover for a period of 3months subject to a maximum limit of N1,000,000
Tenor Options
- 1 Day
- 7 Days
- 14 Days
- 30 Days
Channels
- FirstMobile App
- POS Terminal
Terms & Conditions
