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Easy & Accessible Loans for Schools

We provide lending facilities and support for private Nursery, Primary, Secondary & Tertiary institutions with the goal of promoting literacy, access to education and improved educational services.

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Education Term Loan for Schools

Working Capital Facility

Designed to finance the purchase of school deliverables, payment of salaries and other working capital needs.
Features

Asset Finance

Designed to finance the purchase of assets such as school buses, solar systems, generators, etc.
Features

Development Finance

Designed to finance the acquisition of schools, construction of schools and other development on school site
Features

Sterling Edu-Loan

Designed to facilitate the finance of working capital requirements and provision of other short term relief finance
Features

Eligibility Criteria

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FAQ

Frequently Asked Questions

What is the School Leaders' Training Porgram

We’ve partnered with Opportunity International, a global leader in Education finance, to empower teachers and school leaders. Through the School Leaders Program, we will equip educators with the resources and support they need to flourish, ultimately driving growth, innovation, and positive change across all levels of education.

What types of facility that can be accessed via Term loan for Schools
  • Working Capital Facility
  • Asset Finance
  • Development Finance
  • Sterling Edu-Loan
Can I access an uncollateralised loan my school?

Yes, You can access up to N20m uncollaterised

How much secured loan can I access under Working Capital Facility?

For Secured Loans, structured schools can access a maximum of N50million.

What is the maximum limit that I can access under Working Capital Facility?
  • Unstructured Schools, can access 30% of their annual turnover, subject to a maximum of N5 million.
  • Structured Schools can access 50% of their annual turnover, subject to a maximum of N20 million
What is the equity contribution required for Asset finance?

A minimum Equity Contribution of 20% is required

What is the maximum Tenor for a Development Finance?

Structured Schools can enjoy a maximum tenor of 60 months while Unstructured Schools can enjoy 24 months.

What is the maximum amount that can be financed for Development Finance?

Schools can access 50% of their annual turnover, subject to a maximum of N100 million.

Get Started with Sterling Education Finance

Fill out the form to apply for Education Financing.

Partnerships

Empowering Educators for Success

Sterling Opportunity INtl

We’ve partnered with Opportunity International, a global leader in Edu-finance, to empower teachers and school leaders. Through the School Leaders Program, we will equip educators with the resources and support they need to flourish, ultimately driving growth, innovation, and positive change across all levels of education.

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