If you have less-than-perfect credit or no credit, you might be asking yourself how you’ll get approved for your auto loan. High rates of interest and large monthly obligations may have frightened you away. With a bit of preparation, getting a car loan with unfavorable credit ratings or no credit rating is actually possible. Follow this informative guide […]

If you need a personal loan, finding the right loan and getting approved are just some of the factors you should consider. You also want to protect yourself and avoid common pitfalls along the way. Make sure a personal loan offers you the best deal Before you consider different personal loan options and start shopping […]

Before this Act, the credit bureau industry started as a regulated industry with the release of the Guidelines for the Licensing, Operation and Regulation of credit bureaus, released and became effective in 2008, revised in 2013. The bill for the Credit Reporting Act was: Sponsored by the Chairman of the Senate Committee on Banking, Insurance […]

STERLING QUICK LOAN With the Sterling Quick Loan, you can quickly meet those urgent personal needs. It is available to current account holders with regular monthly income. Features Maximum tenor of 12 months Competitive pricing No equity contribution Requirements Hand written application letter Duly executed consumer Loan application form Minimum of three months active banking relationship […]

BUSINESS BANKING LOANS GUARANTEE These are instruments that entail Sterling Bank substituting its credit worthiness for that of its client and it is done at the request of the bank’s client to the beneficiary. They are undertakings by the Bank, that its customer will carry out the terms of a contract, failing which and upon […]

COMMERCIAL AGRICULTURAL CREDIT SCHEME The scheme is aimed at fast tracking the development of the agricultural sector by providing credit facilities to large scale enterprises with a minimum asset size of N50m at a single digit interest rate of 9%. This is to enhance national food security, increase food supply and affect agricultural produce and […]

Sterling Quick Loan With the Sterling Quick Loan, you can quickly meet those urgent personal needs. It is available to current account holders with regular monthly income. Features Maximum tenor of 12 months Competitive pricing No equity contribution Requirements Hand written application letter Duly executed consumer Loan application form Minimum of three months active banking relationship […]

AGRICULTURAL CREDIT GUARANTEE SCHEME FUND The Scheme provides guarantee cover (up to 75% of any outstanding balance upon default) in respect of loans granted to the agricultural sector by banks and also has a farmer-friendly scheme called “Interest Drawback Program” (IDP) of up to 40% interest refund upon liquidation of the facility. Target Individual farmers […]

STERLING TRACTOR ACQUISITION SCHEME Tractor Lease finance facility for Individuals, Corporate Enterprises, Cooperatives, State Governments and Tractor Associations to purchase tractors to be supplied by the appointed Vendors. Target Individual Members of Groups or Associations/Cooperatives Corporate Enterprises/ Individuals with evidence of land ownership with minimum of 20 hectares State Government General Requirements Nigeria Incentive-Based Risk […]

Agricultural loans provide the capacity to purchase a new farm or expand current operations. Farm loans are available through traditional lenders as well as dedicated government agencies. Experience in farming and a good credit score is preferred to get approved for a farm loan. What is an agricultural loan? Agricultural loans help farmers run their […]