Health Finance

The Health Finance Loan is targeted at registered pharmacies, private hospitals and other health care service providers.

Loan Information

FAQs

The Health Finance Loan provides financing for registered pharmacies and private hospitals either for working capital or hospital equipment purchase.

Tenor is 6 months for working capital (pharmacies and hospitals) and 36 months for equipment purchase (hospitals only).

The maximum amount is N5million for pharmacies and N10million for private hospitals.

For Pharmacies – Registration with the pharmaceutical council of Nigeria and a practicing license of a pharmacist. Also, the pharmacy should have been in existence for a at least 2 years
For Hospitals – Registration with at least one reputable HMO and the hospital should have been in existence for at least 5 years.

For Pharmacies -No
For Hospitals – 30% equity contribution for Hospital equipment purchase only.

No. But applicant must have been in a banking relationship with any reputable Bank for at least 12 months.

See Also