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  5. Food Industry Credit

What’s in it for You

  • Up to N2 Million
  • 9% per annum interest rate (0.75% monthly)
  • Flexible repayment plan spread over 180 days
  • Zero Fees

Requirements

Food Industry Credit is for you if:

  • Your business is duly registered with Corporate Affairs Commission
  • Business should be at least 3 (three) years.
  • Business must have a clean Credit Bureau Report with no unpaid obligations.
  • Business must have a satisfactory CRMS report of owners, sponsors and directors.

How To Apply

  • Simply click on Food Credit on GAPS Lite and follow the prompts to complete application process.
  • Loan will be disbursed instantly after successful applications
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FAQs

Here is everything you need to know about Food Industry Credit

The GTBank Food Industry Credit is a time loan specially designed to meet the working capital needs of SMEs within the Food and Drinks Industry in Nigeria.

N50,000.00 ( Fifty Thousand Naira only)

N2,000,000.00 (Two Million Naira only)

180 days (6 months)

9% per annum (0.75% per month)

Minimum average turnover of N100,000.00 (One Hundred Thousand Naira only)

Food Industry Credit is available on GAPS and GAPS Lite

Yes, Business must be at least 3 years 

No

Food Credit will be availed immediately via e-channels after a successful application.