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Altpower

Product Highlights

Altpower Financing

Altpower

Faster Approval and Digital Convenience:

Leveraging Sterling’s ecosystem, loans are processed rapidly (days or minutes) through AltBank  bypassing lengthy bank paperwork. Features include seamless card management, cashback on payments, and integration with e-commerce (e.g. Buy.com.ng.

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Description

 Altpower

Leveraging on The Alternative Bank ecosystem, facility are processed rapidly (days or minutes).

Individual application

Attach a 6-months bank statement

Or

Business application

A 1-year bank statement

CAC (form 1 & 2).

Also, as a customer opting for financing, you need to be aware that;

36% p.a. rate (1months-48months) spread over a maximum of 48 months for individual applications and maximum of 36 months for business applications. The customer must be aware that they are required to pay a 20% security deposit (mandatory) from the cost of the asset as the outstanding 80% is to be funded by altpower.

11% p.a. rate for 6months and 20% p.a. rate for 12months and 6 & 12months applications only requires 2% insurance (mandatory) fee while 20% cash collateral is optional.

 

 

 

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