First Bank, usually known as FirstBank, is one of the leading financial services firms in Nigeria and Africa. It has a total of 758 business sites across ten countries.
Lagos is the headquarters of First Bank. With roots dating back to 1894, First Bank has a long and illustrious history.
First Bank offers a variety of instant loans without collateral. Scroll down to read more about first bank instant loans without collateral
Overdrafts and Revenue Loans first
The overdraft option at First Bank allows you to borrow money over what is in your account.
Borrowing restrictions and loan terms are both set in stone—a fantastic source of funds to keep on hand in case of an emergency.
Finance for Contract
Contract finance allows companies to carry out major contracts that recognized organizations have awarded.
First Bank can finance up to 70% of the contract’s value. Loans above N50 million will require collateral. A maximum of 9 months’ worth of funds is advanced.
Term Loans with Security
Your company may acquire the cash it needs with this secured loan facility, whether for capital projects or growth. You can receive up to N40 million in credit. Repayments are spread out over three years.
Finance for Imports
Import financing is viable for businesses importing raw materials or finished items. Various finance products, such as bills for collection and letters of credit, are available to provide credit facilities.
Contract Finance for Oil and Gas
Nigerian oil and gas firms will be able to obtain much-needed capital thanks to this credit arrangement. Money is released to carry out specified commitments. It is possible to borrow up to 70% of the execution cost.
Finance for Cement Distribution
This program may be beneficial to cement distributors.
Finance for Invoice Discounting
Cash can be advanced to you based on outstanding invoices through invoice discounting (from reputable organizations). It’s ideal for k