Who We Are
What do I need to qualify for a loan?Dully completed loan application form
Availability of guarantor
Availability of evidence of repayment and or 6 months’ bank statement
How do I apply?Online at www.PecanTrustbank.com
Visit our office at No 32, Grace Anjous Drive, Lekki Phase 1, Lekki, Lagos
How much can I borrow?You can borrow up to 33.3% of your TOTAL income.
What is the repayment plan?Weekly, bi-weekly, monthly as suitable for your business
How can I repay my loan?Cheques: The cheques deposited as part of your loan documentation will be presented to your Bank on due date
Cash: Payments lodged directly at our office at No 32, Grace Anjous Drive, Lekki Phase 1, Lekki, Lagos and/or our correspondent banks
DDM: Direct Debit Mandate
What is your maximum loan tenor?The maximum tenor is six (6) months i.e. 180 days
Does PecanTrust require a credit check?Yes, this forms a major part of our loan review, we use it to verify information provided in your loan application form.
Do I have to be in paid-employment to get a loan?We have different loan packages to suit customers in paid employment and SMEs
Can I have multiple loans?You cannot apply for more than one loan at the point of your application, but you can apply for a top up loan after making one third installments on your current loan.
What is a Top-up?A top up loan is an additional loan request that is added to your existing loan.
Can I pay down the loan before maturity?Yes, you can pay down/liquidate your existing facility at any time
PecanTrust Microfinance Bank Limited is a Central Bank of Nigeria Licensed, for-profit making institution dedicated to supporting early stage, small and medium-sized enterprises ‘SME’, the informal working class and low income families through providing access to finance, entrepreneurship training, a network of mentors and facilitating business partnerships.
Our pilot program has been in operation for over 24 months and have successfully raised capital, supported small businesses and generated returns for the company and its investors.
PecanTrust is focused on supporting the development of entrepreneurship businesses and empowerment of the economically disadvantaged micro, small and medium scale enterprises ‘MSME’ and individuals. We provide a wide range of financial services to a substantial and diversified client-base which includes low-end entrepreneurs, the under banked, cooperatives, high-net-worth individuals, among others.
We currently have a growing customer base through our pilot investment vehicle made up of ‘MSME’s, individuals and groups who have benefited from our Investments returns, Lending and other value added services.