Loans

Term and Time Loans

We provide well-structured financing of tenures less than a year and over based on specific requirements to bridge funding gaps with flexible repayment structures. 

Plant & Machinery Financing

Positive changes and growth in your business comes with the need for office expansion, equipment upgrades and strategic purchases. You can look to Access Bank for tailored short and long-term financing options designed to help you succeed.

Contract Financing

Our overdraft  facilities shall be provided to cover the working capital requirements of a business and may also be revolving credits. Maximum tenor of overdraft is 12 months.

DAUE

The Drawing Against Uncleared Drafts program sets out the frame-work for granting short term overdraft facility using local currency negotiable instruments, such as drafts, which have already been sent for collection as collateral. 

Working Capital Finance

We recognize that your organization may require working capital for day-to-day running of your business. There are various products offered by Access Bank for this purpose.

Bills for Collections

Under Bills for collection, there is an underlying credit from the supplier for which a Bill of Exchange (an IOU) properly executed by the importer and endorsed by his bank is the underlying “Eligible Instrument”.

Letters of Credit

Access Bank issues import letters of credit on behalf of customers to her beneficiaries anywhere in the world by utilizing lines availed by highly reputed correspondent banks. These banks are positioned in strategic business locations all over the world.