TRINITY FINANCIAL

TRINITY FINANCIAL FAQS

At Trinity, it is MORE for LESS.

HOW LONG WILL IT TAKE TO GET MY PERSONAL LOAN DISBURSED?

Answer:
usually takes 48-72hrs after complete documentations has been approved.

HOW DO I GET NOTIFIED WHEN THE LOAN HAS BEEN DISBURSED TO ME?

Answer:
You will be notified via SMS or be contacted by your Account Officer.

MODE OF REPAYMENT
HOW SOON AM I EXPECTED TO PAYBACK MY LOAN?

Answer:
Loan repayment is subject to the approved terms on the offer

WHAT ARE MY REPAYMENT OPTIONS?

Answer:
Cheque presentation or activation of direct mandate on your account or Bank transfer.

WHO IS ELIGIBLE TO ACCESS ADVANCE FOR SCHOOL FEES?

Answer:

  • Open to salary income earners
  • Business Owners

WHAT ARE THE REQUIREMENTS TO ACCESS TFSL ADVANCE FOR SCHOOL FEES?

Answer:

  • Completed Application Form (Can be downloaded from our site).
  • Admission Letter.
  • Tuition Advice.
  • Completed guarantor’s form
  • Post-dated cheques of applicants & Guarantor
  • Copy of Employment ID and valid means of identification.
  • BVN details
  • 6 months Bank Statement
  • 6months pay slips

WHO IS ELIGIBLE TO ACCESS PAYDAY LOAN AND ITS FEATURES?

Answer:

  • Open to salary income earners
  • Loan amount up to N1 Million
  • Up to 30 days cycle

WHAT ARE THE REQUIREMENTS TO ACCESS PAYDAY LOAN?

Answer:

  • Completed application form
  • Copy of employment ID
  • BVN details
  • Post-dated cheques
  • 6 months Bank Statement
  • 6 months’ pay slips

WHO IS ELIGIBLE TO ACCESS TFSL VEHICLE FINANCE AND ITS FEATURES?

Answer:

  • Open to salaried income persons, SMEs and Corporates
  • Equity contribution of 20% of invoice value.
  • Up to 48 months tenor

WHAT ARE THE REQUIREMENTS TO ACCESS TFSL VEHICLE FINANCE?

Answer:

  • Completed Vehicle Lease Application Form
  • Pro forma invoice from any of the Company’s approved vendors
  • BVN details
  • Letter of introduction
  • 6 months Bank Statement
  • 6 months’ pay slips

WHAT ARE THE REQUIREMENTS TO ACCESS TFSL OFFICE EQUIPMENT LOANS?

Answer:

  • Application letter.
  • Duly completed Loan Application Form.
  • Proforma Invoice from Trinity Financial Service Limited’s approved vendors.
  • Company Profile.
  • Current utility bill.
  • 3 years Audited Account.
  • Six (6) Months Bank Statement

WHO IS ELIGIBLE TO ACCESS TFSL OFFICE EQUIPMENT LOAN AND ITS FEATURES?

Answer:

  • Minimum loan amount of N100 000.00.
  • Maximum loan amount of N20,000,000.00
  • Maximum tenor of 18 months
  • Minimum Equity of 30%.
  • Asset financed is strictly for office use.
  • Asset must be purchased from a Trinity Financial Service Limited’s approved vendor

ADDITIONAL REQUIREMENTS SMEs AND CORPORATES

Answer:

  • Company profile
  • Personal Guarantee of a Director of the company supported by notarized statement of net worth
  • Board resolution (applicable to corporates only)

WHAT ARE MY REPAYMENT OPTIONS?

Answer:
Cheque presentation or activation of direct mandate on your account or Bank transfer.

WHO IS ELIGIBLE TO ACCESS TFSL HOME LOANS AND ITS FEATURES?

Answer:

  • Available to salary earners and business entrepreneurs
  • Loans amount up to N100 Million
  • Available for properties in Lagos, Abuja, and Port Harcourt
  • Minimum of 30% equity contribution
  • Asset protection & Credit life insurance

WHAT ARE THE REQUIREMENTS TO ACCESS TFSL HOME LOANS?

Answer:

  • Completed Mortgage Application Form
  • Employee Status Inquiry/Employer’s Confirmation Form
  • Letter of offer from the property seller
  • Title document of the property
  • Valuation report from any of Trinity Financial Service Limited’s approved estate value
  • Search report

WHO IS ELIGIBLE TO ACCESS RECEIVABLES DISCOUNTING/INVOICE DISCOUNTING/DEBT FACTORING AND ITS FEATURES?

Answer:

  • Open to individuals, SME’s and other corporate Institutions
  • Confirmed invoices by Trinity Financial Service Limited
  • 75% of invoice value to be discounted
  • Tenor of up to 6 months

WHAT ARE THE REQUIREMENTS TO ACCESS RECEIVABLE DISCOUNTING/INVOICE DISCOUNTING/DEBT FACTORING?

Answer:

  • Application letter
  • uly completed loan application form
  • Company profile
  • 3 years Audited account.
  • 6 months bank statements

DOES TRINITY FINANCIAL CARRY OUT CREDIT CHECKS?

Answer:
Yes, your application is subject to a credit check before approval.

WHAT HAPPENS TO MY REMAINING CHEQUES WITH YOU ONCE I HAVE FINISHED PAYING ON MY LOAN?

Answer:
Cheques on all loans that have been paid can be picked up from our head office after liquidation.

FEES AND PENALTY
WHAT IS THE PENALTY FOR DEFAULTING ON A LOAN?

Answer:
Penal charge is applied to your account and accrues on a daily basis until it is settled.

WHAT IS YOUR INTEREST RATE?

Answer:
Our interest rate is a flat rate charged monthly and varies on transactions.

I DONT UNDERSTAND HOW I AM BEING CHARGED, WHO CAN I TALK TO?

Answer:
Please call our customer service number +234 8094533684 for further information.

www.trinityfinancialng.com

+234 (0) 8094533684

info@trinityfinancialng.com