calc

What you need to know

Loans

What is your maximum duration?

What is your maximum duration?

You can get a loan for up to 12 months

How are repayment dates structured?

How are repayment dates structured?

Repayment dates are structured on a 30 day cycle from the date of disbursement. Actual payment dates are however flexible and usually structured to suit your cash flow

What is the maximum amount you can advance a client?

What is the maximum amount you can advance a client?

 This depends on the type of loan being requested. We can however advance as much a N1m where you fully meet the requirements. For high sums, please take a look at our personal financial advisory page

What are DSR and DIR?

What are DSR and DIR?

DSR is Debt Service Ratio, and this determines the maximum amount the Company should be exposed to you based on your net monthly income. DIR is Debt to Income Ratio, and it shows the percentage of your monthly income being serviced on debt obligations

How are your rates structured?

How are your rates structured?

Our rates are the cheapest in the market, allowing you to repay on reducing balance, reducing the overall effective rate or cost of funds to you

How are the rates applied?

How are the rates applied?

The rates can be applied as any of the following:

  • Equal reducing balance, where principal and interest elements are distributed to reflect equal payments monthly
  • Monthly interest repayment, where the interest element alone is serviced initially then the principal sum and interest are repaid on liquidation
  • Staggered repayment, where you have the choice of how much you want to repay monthly in the duration of the loan
What is reducing balance method?

What is reducing balance method?

This is a repayment method where you pay a portion of the principal amount up front, ensuring very minimal interest payment

How flexible are your repayment terms?

How flexible are your repayment terms?

Very flexible. You are allowed to choose which repayment structure suits you.

Fixed Debt Investments

VFD Bridge loan rates are the cheapest in the short term lending business. We charge no penalties on early repayments, and you have full flexibility to decide how you want to repay.

Use our loan calculator to estimate your monthly payments.
How much do you want to borrow?
How long do you need the loan?
Interest only payments
Monthly principal and interest payment