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Whatever your personal or business needs, getting a loan with New Heights Microfinance Bank Limited is easy.
  • Working Capital Loan
  • LPO Financing
  • Group Support
  • Chain Lending
  • Asset Purchase Loan
  • Consumer Loan
Working Capital Loan:
The working capital loan enables you expand your business with the requisite capital. The product is specifically designed for traders, business men and women and all micro business owners.

Benefits:
  • Fast, simple and convenient with negotiable interest rate on loan
  • amount.
  • Loan term monthly
  • Frequency daily
  • A low administrative charge on loan amount
LPO Financing:
We fund all LPO - (Local Purchase Order) transactions from blue-chip companies and reputable organizations at the prevailing lending rate

Benefit:
  • Interest rate is negotiable with client
Group Support:
Group support account is designed for groups, organisations and uinon. The product allows you to save a minimum 30% and the Bank lends you 70%. The Maximum loan allowed is N200,00.00 and at prevailling interest rate on loan amount.

Chain Lending:
This kind of lending is targeted at sub-dealers and sub-distributors to enable them easy purchase or access of goods from their major distributors.

Benefits:
  • Simple and convenient with interest negotiable rate on loan amount
  • Loan term monthly.
  • frequency monthly.
Asset Purchase Loan:
This product allows you save for those assets you have always wished to own e.g Cars, Motorcycle popularly call "OKADA", generating set e.t.c

Benefits:
  • Negotiable interest rate
  • Agreed loan term duration
  • Frequency monthly.
  • Fast and easily accessible
Consumer Loan:
The product enables you enjoy modern and durable household products like furniture, air conditioners, T.V set, Fridge, Gas Cooker, Deep Freezers e.t.c

Benefits:
  • Negotiable interest rate
  • Agreed loan term duration
  • Frequency monthly.
  • Fast and easily accessible


 
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