- Back to:
Petroleum Dealership Finance
To augment working capital, meet financial obligations of the filling station and expansion of business. This product is designed to provide a structured finance for Dealers of white Petroleum Products.
Loan Information
Description
Features
Benefits
How to Apply
Description
To augment working capital, meet financial obligations of the filling station and expansion of business. This product is designed to provide a structured finance for Dealers of white Petroleum Products e.g. ( PMS,AGO, DPK) for customers /prospects of the bank who are either registered Independent Petroleum Marketers (IPMAN) or are Dealer of Major Oil Marketers (MOMAN) or NNPC.
Features
- Competitive Pricing
- Flexible collateral structure
- Flexible tenor
Benefits
- Provides opportunity to increase volume of business as well as margins through consistent growth in turnover through credit financing.
How to Apply
To Apply for Petrol Dealership Finance, walk into any FirstBank Branch and speak with our Retail or Corporate teams.
APPLICATION
FAQs
Must provide evidence of dealership with a registered IPMAN or Major Oil Marketing Company.
No, but you must have been a customer of a reputable Bank for not less than 1 year.
Yes, you should have been in the business for not less than 3 years.
