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Sunday, September 27, 2015

INVERTER FINANCE

Coinbox Cooperative in collaboration with GTI is providing inverter finance for her members and payment done over 6 months maximum.
your power worries are now over hurry come to Coinbox Cooperative today!
Requirements:
  • Membership of Coinbox Cooperative (just register with NGN2,000)
  • An account relationship with the bank for a minimum of 30 days (if applicable)
  • Completed loan form
  • Acceptable guarantor
  • Statement of net worth for both the borrower and the guarantor
  • 6 months bank statement of borrower and guarantor
  • Executed but undated cheques of borrower and guarantor
  • Acceptable means of ID card
  • Passport photos of both guarantor and borrower
  • Board resolution for corporate requests
  • Cash Equity of 30 %
  • Acceptable collateral in form of shares, equipment, household items, landed property, fixed deposit, cars, etc
  • Tenors run to a maximum of 6 months
  • Company documents such as Certificate of Incorporation photocopy, Memorandum and Article of Association, Form C07,Form C02 will be required for corporate accounts
  • Referal letter from Coinbox (at a fee of 5%)
  • Profoma invoice from a recognised inverter company
  • monthly savings with the cooperative 

  • charges for this service are:
  • 2% flat – Loan Processing Fee (paid upfront)
  • 2% flat – Management Fee (paid upfront)
    • 5% flat – Interest Rate (charged on reducing balance after the first 30 days)
    • N500 – N3000 – Loan form (depending on the volume)Other charges such as corporate search and credit history search will apply as applicable and these typically run between N1,000 to N20,000 collectively.
CONTACTS
for further details contact us at our office at 5, Soji Adepegba Close, Off Allen Avenue, Ikeja, Lagos.
email - coinboxlimited@gmail.com
or you can call: 01-4541821, Pius on 08172844282, Ayo 09093929847
Get your inverter with convenience now!

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