Writers’ Loan


Writers’ Loan

For Writers.
  1. Application Letter and copy of previous publications by applicant
  2. Income/expenditure record of previous publications
  3. Book must be at point of publication and draft copy submitted.
  4. Produce publishers printing quotation.
  5. 3-6 months Bank statement of account/previous sales record.
  6. Two guarantors who are salary earners. Guarantors to submit 3 months pay slip, copy of official ID card, undated signed cheque leaflets, I passport photograph, salary account bank statement and fill the guarantors form to be provided by the bank.
  7. Maximum repayment period of 6months.
  8. Tangible Collateral which must be at least 150% of the loan value for loan value above =N=500,000

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