This is a continuation of the series on Diamond Bank’s offers for small businesses which we started three weeks ago (every Thursday).
Diamond Bank has a number of loan products packaged specially for small businesses, which they refer to as ‘Emerging Businesses’. We have discussed in full the first one they call ‘Emerging Businesses Revolving Loan’.
Last week we began discussing the second one they call ‘Emerging Businesses Vehicle and Asset Financing’ loan designed to get your business on the road to expansion with the opportunity to purchase vehicles and other fixed assets to facilitate your business growth.
We had noted some basic features of the loan as well as the variety of assets/equipment eligible for the loan.
Additional features of the loan package include the tenor which the bank says could be up to three years.
The bank also said that its…
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