Asset Acquisition Loan

Asset Acquisition Loan

Asset Acquisition Loan is product ment to help existing clients of CSD MFB purchase working tools for their businesses such as Television, Generator, Refrigerator, Clipper, Grinding Machines, vulcanizing Machines etc. that will further enhance the productivity of their enterprise.


  • Facility range: N20,000 (minimum) to N200,000 (maximum)
  • Methodology: Individual and group
  • Duration: 10 months
  • Grace period: 1 month


  • No Collateral
  • Quick access to funds for the purchase of business assets(working tools)
  • Flexible repayment structure
  • Low interest rate
  • Expert financial advice available


  • Savings account with CSD MFB with 25% of the loan amount
  • Duly completed application form
  • Guarantors
  • Current utility bill
  • A valid means of ID (national ID, driver’s license, voter’s card or international passport)
  • Recent passport-size of the Applicant and Guarantor

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