This is a 30-day revolving loan facility targeted at SME businesses with very high turnover, and are capable of paying down both principal and interest in 30 days with opportunity of renewal.
This is a 30-day revolving loan facility targeted at SME businesses with very high turnover, and are capable of paying down both principal and interest in 30 days with opportunity of renewal.
 Loan facility between N500,000 – N5,000,000.
 Upfront fees of 4%/month
 Interest rate of 4 %/month
 Customer and guarantor’s undated cheques.
 Motor vehicle that are comprehensively insured
 Tenure 30 days maximum
Any Professional Public and Private Companies, SMEs is eligible for CIT Temporary Overdraft.
 Maximum age of applicant at loan maturity: 60 years
 Minimum Net Monthly Income: ₦100,000
 Applicant should have the bank specified credit score.