Long term loans

A long term loan is generally considered to be a loan with a repayment term longer than five years. An individual can also revolve them when a need arises. These loans are all repaid through source deduction for clients whose employer has an MOA with First Finance or CDAS for civil servants. They are to be repaid within a period of 49 to 84 months and range from E100,000 to E350,000. Such loans include but are not limited to the following; debt consolidation, home loans, car loans etc.

Requirements for Medium Term loans
  • Refer to short term loans