susu products
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  deposit products
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  loan products
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We offer carefully designed loan products to meet specific needs of our customers. These include:

Commercial Loan

  • The facility is targeted at individuals who wish to expand their businesses and may be utilized to meet cash flow needs.
  • It is available to anybody with an existing account relationship with First Allied.
  • It offers substantial loan sizes at a very competitive interest rate.

Equipment Financing Scheme

  • The facility exists to meet medium range equipment needs of joineries, machinist, etc.
  • Under this scheme, customers are encouraged to save up to a minimum of 20% of the cost of the equipment, whilst First Allied covers up the remaining balance.
  • Customers are then given flexible terms of repayment.
  • Under this scheme loans are given out at a very competitive rate.

Consumer Credit

  • This facility available to both customers and non- customers who desire to buy consumer durables or building materials on hire purchase scheme from accredited shops.
  • Beneficiaries of this facility are given flexible monthly installment arrangements.

Travel Credit

  • This facility allows customers and non-customers to buy air-tickets on credit from our selected travel agents.
  • It is granted for short term at a competitive interest rate.

Clearance Loan

  • This is a short term facility, specially designed to enable importers to clear their goods with ease. The facility is available to both customers and non-customers at a very competitive rate.
  • It can be granted within 24hours.

Salary Credit

  • The facility exists for employees who receive their salaries through First Allied and all Government workers who received their salaries through the Controller and Account Generals Department.
  • This facility also enables beneficiaries to access substantial loan amounts with monthly repayments, done through deductions from their salaries.

Gospel Loan

  • Gospel loan is meant to aid churches in their development projects. This facility may be accessed by churches for the purpose of building churches, procuring equipment, furnishing, etc.
  • The facility also carries a very attractive and flexible repayment terms.