Loan Products

Financial Solutions for Growth

Fast, affordable loans designed for real Nigerian business needs.

How It Works

01

Apply Online or In-Branch

Submit your loan application online or visit any GMB MFB branch.

02

Document Submission

Provide the required documents for credit assessment.

03

Credit Assessment

Our team reviews your application within 24-72 hours.

04

Approval & Disbursement

Upon approval, funds are disbursed to your GMB account immediately.

SME Loan

SME Loan

Rate: 2.5% monthlyUp to ₦10M3-36 months

Empowering small and medium enterprises with flexible financing to grow, expand, and thrive.

Up to ₦10 million
Flexible repayment (3-36 months)
Quick 72-hour disbursement
Competitive interest rates
Minimal documentation
No hidden charges
Relationship manager assigned
Business advisory support

Requirements

  • Business registration documents
  • Valid ID of business owner
  • 6 months bank statement
  • Business plan/proposal
  • BVN
  • Utility bill
Apply Now
SME Loan
Asset Lease

Asset Lease

Rate: 2% monthlyUp to ₦30M6-48 months

Finance business-critical assets — vehicles, equipment, and machinery — without heavy upfront capital outlay. Drive your business forward with our flexible asset leasing solution.

Vehicles & equipment financing
Up to ₦30 million
Flexible 6-48 month tenure
Competitive lease rates
Ownership transfer at end
Quick asset assessment
Minimal down payment
Business advisory support

Requirements

  • Business registration documents
  • Valid ID of business owner
  • 6 months bank statement
  • Proforma invoice for asset
  • BVN
  • Utility bill
Apply Now
Asset Lease
Group Loan

Group Loan

Rate: 3% monthlyUp to ₦5M3-12 months

Community-based lending that empowers groups of traders and entrepreneurs through joint liability financing.

No individual collateral required
Group guarantee structure
Financial literacy training
Flexible repayment
Up to ₦5 million per group
Group business support
Savings incentive
Repeat loan discounts

Requirements

  • Minimum 5 group members
  • Valid ID for all members
  • Group constitution
  • Group bank account
  • BVN for all members
  • 3 months transaction history
Apply Now
Group Loan
Agricultural Loan

Agricultural Loan

Rate: 2% monthlyUp to ₦10M6-18 months

Supporting Nigerian farmers and agribusinesses with affordable financing aligned to seasonal farming cycles.

Crop & livestock financing
Farm input loans
Subsidized interest rate
Harvest-aligned repayment
Up to ₦10 million
Technical support included
Agric extension services
Insurance linkage

Requirements

  • Proof of farmland ownership/lease
  • Valid ID
  • Farming history evidence
  • BVN
  • 3 months bank statement
  • Local government letter (optional)
Apply Now
Agricultural Loan
Loan Calculator

Calculate Your Loan Repayment

Use our interactive calculator to estimate your monthly repayment and total interest.

₦500,000
₦10,000₦50,000,000
2.5%
1%10%
12 months
1 month60 months

Quick Select Duration:

Monthly Repayment

₦48,744

Total Repayment

₦584,923

Total Interest

₦84,923

Payment Breakdown

Principal (85%)
Interest (15%)

* This calculator provides estimates only. Actual repayment amounts may vary based on GMB MFB lending policies, credit assessment, and applicable fees.

Apply for This Loan