Requirements are:
Passport size Photograph
Means of Identification
Utility bill
Business registration documents
TIN
BVN
Complete an account opening form
Loans
Online at www.PecanTrustbank.com
Visit our office at No 32, Grace Anjous Drive, Lekki Phase 1, Lekki, Lagos
You can borrow up to 33.3% of your TOTAL income
Weekly, bi-weekly, monthly as suitable for your business
The maximum tenor is six (6) months i.e. 180 days
Yes, this forms a major part of our loan review, we use it to verify information provided in your loan application form
Cheques: The cheques deposited as part of your loan documentation will be presented to your Bank on due date
Cash: Payments lodged directly at our office at No 32, Grace Anjous Drive, Lekki Phase 1, Lekki, Lagos and/or our correspondent banks
DDM: Direct Debit Mandate
Online: Make online transfers to your accounts with PecanTrust
We have different loan packages to suit customers in paid employment
You cannot apply for more than one loan at the point of your application, but you can apply for a top up loan after making one third installments on your current loan
A top up loan is an additional loan sum that is added to your existing loan
Yes, you can pay down/liquidate your existing facility at any time
Equity contribution refers to the part of the purchase value of the property the borrower must provide. It is currently a minimum of 20% of the value of the property being purchased
It is a convenient way of making your payment without having your cheque presented for loan repayment. The DDM is set up with your Debit MasterCard or Visa Card at the point of initiating a Loan. Your account will be debited automatically on agreed date for payment