These terms and conditions apply to and regulate the provision of credit facilities advanced by Eatongate Capital Limited (“Eatongate Capital Limited”). These Standard Terms and Conditions, together with our offer letter set out the terms governing this Loan Agreement. It is important that you read the offer letter and these terms and conditions carefully and keep them for future reference.
A. INTEREST
B. PAYMENTS
All payments by the Borrower will be made by one of the following methods: Direct Deposit into Eatongate Capital Limited's nominated account, Personal Cheques, Standing Order or through an acceptable electronic channel. All other methods will be accepted with Eatongate Capital Limited's consent only. In particular:
C. PROVISION OF FINANCIAL INFORMATION
At Eatongate Capital Limited'sour request, you the Borrower will be required to provide its current us with your latest nancial statements, contingent liability details and any other reasonable information relating to you and/or your the Borrower's nancial affairs.
D. USE OF CREDIT BUREAU
Eatongate Capital Limited will approach a dedicated Credit Reference Agency for a credit report on the Applicant before in considering any application for credit. The Borrower authorizes Eatongate Capital Limited to access any information available to it as provided by the Credit Agency. The Borrower also agrees that his/her details and the loan application decision will be registered with the Credit Agency.
In the event the Borrower wishes to access the credit report, Eatongate Capital Limited will advise the Borrower of the contact details of the relevant credit agency and the Borrower waives any claims he/she may have against Eatongate Capital Limited in respect of such disclosure.
E. DEFAULT
Default in terms of this Agreement will occur if:
In the event the Borrower wishes to access the credit report, Eatongate Capital Limited will advise the Borrower of the contact details of the relevant credit agency and the Borrower waives any claims he/she may have against Eatongate Capital Limited in respect of such disclosure.
iii. The Borrower does or omits to do anything which may prejudice Eatongate Capital Limited's rights in terms of this Agreement or cause Eatongate Capital Limited to suffer any loss or damage. If the Borrower defaults in their obligations under this Agreement, Eatongate Capital Limited will be entitled to do the following:
F. COMMUNICATION
The Borrower agrees that Eatongate Capital Limited may communicate with them by sending notices, messages, alerts and statements in relation to this Agreement in the following manner:
G. MISCELLANEOUS
The Borrower agrees that Eatongate Capital Limited may communicate with them by sending notices, messages, alerts and statements in relation to this Agreement in the following manner:
We look forward to getting to know you and to help meet your immediate financial needs!
We look forward to getting to know you and to help meet your immediate financial needs!
We look forward to getting to know you and to help meet your immediate financial needs!
We offer “collateral free” cash loans of up to N 2,000,000 conveniently spread over a period of 3 to 10 months for new customers and 12 months for returning customers.
A Personal Loan is the fastest and easiest way to access that extra fund needed ...
Read MoreGrow your wealth the smart way! Eatongate’s Investment/Borrowings...
Read MoreGrow you wealth the smart way! Eatongate’s Investment/Borrowings are efficient investment platforms that delivers good returns on customers investments. They serve as security for customers’ financial lives or as High Yield deposits for specific projects e.g. Trust funds, School funds, Mortgage Down Payment, Bucket-list funds etc.
Eatongate’s Investment/Borrowings deliver high competitive interest rates in comparison to other financial institutions. This gives the average middle class, high net worth individuals and corporations the opportunity to invest and earn good returns on their investment.
A Personal Loan is the fastest and easiest way to access that extra fund needed to meet those ever rising financial expenses. At Eatongate, our Personal Loan Scheme is fast, simple, convenient and comes with a flexible repayment pattern, tailored to suit your personal needs.
Unlike conventional loans, personal loans are not secured by collateral, meaning you are not required to back up the loan with an asset like land or car. The obligor’s cheque and direct debit mandate are used to ensure repayment.
This collateral free product comes with a low competitive interest rate as well as ease of process. Our Personal Loan is one of the most efficient ways to stay in control of your finances while making the most of life’s opportunities and experiences.
The Eatongate personal loan is a general-purpose unsecured loan targeted towards low, middle and high income salary earners in paid employment. These loans are usually sold via field sales, telesales, online, partner offices, and branches.
Our Group Loan Scheme is a general-purpose emergency loan offered to employees of a company for a period of 12 months. A form of collateral substitute in which borrowers form groups, all of whose members must maintain a satisfactory payment record for any group member to be eligible for future loans. Repayments are made monthly from the employee’s salary and will be remitted by the company or paid monthly by employee via cheques or electronic debits from salary account.
Eatongate Group Loan seeks to bridge the gap between Employee Productivity and Company’s profitability. It is designed to give employees access to fast, affordable and stress-free loans while their organization remains profitable as it does not have to release extra funds to employees which otherwise could be maximized for other profit making ventures.
One major benefit of our Group Loan is that it boosts employees’ morale for work while their organizations are able to prioritize and maximize profit. However, to access this loan, employees’ organization must have a partnership agreement with Eatongate Capital Limited.
Our SME loans seeks to support business owners with much needed capital as they are pivotal to the growth of a more sustainable economy. These business owners had over the years been faced with challenges in acquiring working capital to fund their operations or expand their business.
At Eatongate we strive to help close this gap with our SME Loan which is designed for businesses who are in need of accessing credit. Applicants are not required to operate an account with Eatongate before applying for a loan, as all that is required is an existing viable business with proven track record of cash flow, issued Local Purchase Order (LPO), Invoice, or other receivables.
A Personal Loan is the fastest and easiest way to access that extra fund needed to meet those ever rising financial expenses. At Eatongate, our Personal Loan Scheme is fast, simple, convenient and comes with very flexible repayment pattern; tailored to suit your personal needs.
Unlike conventional loans, personal loans are not secured by collateral, meaning they do not require something of value - like a house or vehicle - to back the loan.
This collateral free lifestyle product comes with the lowest interest rate available in the financial market as well as ease of process. Our Personal Loan is one of the most efficient ways to stay in control of your finances while making the most of life’s opportunities and experiences.