How do I apply for a Business Loan?

Applying for a QC Advance Business Loan is as easy and stress-free as ABC, you can access between N100,000 to N5,000,000 and receive credit in less than 24 hours.

To begin the process, please consider the following questions:

Are you between the age of 21 and 58?

Is your business registered with the Corporate Affairs Commission (CAC)?

Has your business been in existence for more than 6 months?

Do you have an active email account and an active phone number?

Do you reside in Lagos?

Do you have an account with a commercial bank in Nigeria?

If the answer to all the questions are YES, congratulations to you; you can begin the application process by following the steps below:

 

1. Have the following required documents ready (scanned copies/PDF):

– One recent passport sized photograph

– A valid means of ID

– Copy of business registration certificate

– Six (6) months e-statement of your corporate account (this can be generated via mobile/internet banking or request a digital copy from your bank)

– Six (6) months e-statement of your personal account (this can be generated via mobile/internet banking or request a digital copy from your bank)

2. Complete the agreement form online by clicking this link and send the required documents to loans@qcadvance.ng

3. Once your documents are received, a representative will contact you and your loan application will be reviewed within a day. If approved without a request for a guarantor, you will be credited same day.

4. a. Without Guarantor : if your loan is approved, you will have to submit post-dated cheques with repayment starting 30 days from when the loan was approved.

b. With Guarantor : a guarantor form will be sent to you for your guarantor to fill and submit with six months (6) statement of the guarantor’s salary account. The guarantor’s documents will be reviewed, and if certified okay, you will need to submit post-dated cheques with repayment starting 30 days from when the loan was approved, and your guarantor will also submit signed blank cheques

5. a. Without Guarantor : Once the post-dated cheques have been received, you will be credited with the exact amount you requested.

6. b. With Guarantor : Once your post-dated cheques and the signed blank cheques of your guarantor have been received, you will be credited with the exact amount you requested.

If you require additional information or clarification, kindly visit the FAQs page.

You can also place a call to 0909 463 1810 or send a mail to loans@qcadvance.ng