Completed account opening form
Dully completed loan application form
Availability of guarantor
Availability of evidence of repayment and or 6 months’ bank statement
Post-dated cheques

Online at www.www.apamfb.com 
Visit our office at 25B, Sir Kashim Ibrahim Way,Maiduguri Borno State 

You can borrow up to 33.3% of your TOTAL income 

Weekly, bi-weekly, monthly as suitable for your business 

The maximum tenor is six (6) months i.e. 180 days 

Yes, this forms a major part of our loan review, we use it to verify information provided in your loan application form 

Cheques: The cheques deposited as part of your loan documentation will be presented to your Bank on due date 
Cash: Payments lodged directly at our office at 25B, Sir Kashim Ibrahim Way,Maiduguri Borno State and/or our correspondent banks 
DDM: Direct Debit Mandate 
Online: Make online transfers to your accounts with Apa-Royal 

We have different loan packages to suit customers in paid employment and SMEs 

You cannot apply for more than one loan at the point of your application, but you can apply for a top up loan after making one third installments on your current loan. 

A top up loan is an additional loan request that is added to your existing loan. 

Yes, you can pay down/liquidate your existing facility at any time 

Equity contribution refers to the part of the purchase value of the property the borrower must provide. It is currently a minimum of 20% of the value of the property being purchased. 

Our loan rate is negotiable and highly competitive 

Our interest rate is on a reducing balance 

It is a convenient way of making your payment without having your cheque presented for loan repayment. The DDM is set up with your Debit MasterCard or Visa Card at the point of initiating a Loan. Your account will be debited automatically on agreed date for payment.