Writers’ Loan
For Writers.
- Application Letter and copy of previous publications by applicant
- Income/expenditure record of previous publications
- Book must be at point of publication and draft copy submitted.
- Produce publishers printing quotation.
- 3-6 months Bank statement of account/previous sales record.
- Two guarantors who are salary earners. Guarantors to submit 3 months pay slip, copy of official ID card, undated signed cheque leaflets, I passport photograph, salary account bank statement and fill the guarantors form to be provided by the bank.
- Maximum repayment period of 6months.
- Tangible Collateral which must be at least 150% of the loan value for loan value above =N=500,000
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