Last updated on August 21st, 2021 at 10:07 pm
Have you ever been in a situation when you are cash strapped and desperately need financial aid for your business? Well, we understand how this feels. You need not worry about those expenses, Grofin loans got you covered.
In this article, we have carefully reviewed all you need to know about getting a loan from Grofin. This includes the requirements, interest rate, amongst several other things you need to know.
Grofin is one of the fast-rising Financial Institutions in Nigeria. They are an impact-driven SME financier with a vision to help entrepreneurs succeed at their businesses. They however achieve this by providing business owners with business support and loans. Furthermore, it is a belief of the organization that the most powerful driver of social and economic development is the SME sector which creates stable jobs.
They have their headquarters in Mauritius and they generally offer support to SMEs in 14 countries in Africa, including Nigeria and in the Middle East. Additionally, they have the maximum support of 14 financial institutions and private funders who have committed about $335 million in capital to their fund.
The major reason for the existence of Grofin is to help SME business owners succeed in their business. On that note, Grofin ensures they provide enough money to cater to your business needs. Once they review your application and approve it, they make it available to you for about $100,000–1 Million.
This depends on the amount you wish to borrow. However, in general their loan interest rate rises up to about 15% of the amount you borrowed.
The minimum requirements for taking a loan with Grofin are not farfetched. However, before you can qualify for a loan with them, you have to meet up their eligibility criteria.
Below are the eligibility criteria for obtaining a loan with them.
Grofin funds release is lightning-fast. However, this is only possible if you satisfy all the necessary requirements after they have reviewed your application.
As we have earlier stated, getting a loan from Grofin might be a little strenuous for you. However, if you persevere and go through the process, it would be worth it.
To get a loan from Grofin, kindly follow the following procedures:
After this, they will require you to go through 4 stages. Which includes:
However, if you scale through these four stages successfully, your loan will be disbursed into the account number you supplied.
Feel free to contact Grofin Loans via any of the following media:
Head office:
Email Address: info.nigeria@grofin.com or info.portharcourt@grofin.com
Official website: www.grofin.com
Mobile Number: +234 7056966666, +2349090001346 (Lagos). +2347052951455(Port Harcourt)
Grofin is one of the best lending and fast loan company for SMEs in Nigeria and Africa at large. Their Interest rates are affordable, and they offer a loan tenor of up to 8 years. Simply visit their official website to secure a financial loan for your business.