Personal/Customer Finance

Personal loans/leases are granted to individuals in gainful employment or with regular source of income to enable them meet urgent personal needs towards payment of their children schools’ fees, education fees, building of personal houses, payment of house rent, purchase of property, purchase of vehicle etc. The rates offered depend on the perceived risk based on the risk assessment done on the client. Some of the products provided by the Company under this category are:

CandourCash

Here the Company provides loans to individual who are gainfully employed to meet personal needs such as payment of rent, medical bills, School fees. The maximum tenor for this kind of facility is 12 months and the person can get up to N5million.

CandourLoan

The Company provides consumer/personal loans to individuals in business from 1 month to 12 months to enable them meet various personal needs such as rent payment, education loan.

CandourAutoLease

The Company provides finance to individuals (employed and in business) to enable them purchase and refinance new and used motor vehicles such as cars and trucks. Under the Finance lease arrangement, the client is required to make no contribution depending on the risk involved. The tenor for this kind of facility can be as long as 48 months.

CandourEquipLease

The Company provides finance to individuals (employed and in business) to enable them purchase and refinance new and used equipment such as generators, TV, Computer, Mobile Phones, furniture etc. Under the Finance lease arrangement, the client is required to make no contribution depending on the risk involved. The tenor for this kind of facility can be as long as 24 months.

CandourHomeFinance

The Company provides loans to individuals (employed and in business) to enable them purchase property for personal use. The Company can similarly refinance a property in order to provide fund/cash available for the consumer. The tenor for this kind of facility can be as long as 72 months