Retail TOD

Retail TOD is a short-term credit facility designed to augment working capital requirements for customers (SMEs) against expected cashflow from business.

Loan Information


Customers who have maintained an account in the past 6 months with the bank or 12 months in another commercial bank

N4m subject to 50% of average 6months turnover

Yes, if the personal account is used to lodge your business proceed. However, you can only take TOD 2 times, after which you are required to open an account with your registered business name to continue to enjoy the facility.
Yes, all you need is to provide additional documentations required to operate a business/ corporate Account.  

See also