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Health Finance
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Who is this for?

Health Finance Products

Stock Finance Facility

Designed to finance the purchase of medical supplies and consumables.

Working Capital Facility

Designed to finance the purchase of stock and other working capital needs.

Asset Finance Facility

Designed to finance the acquisition of medical equipment and operational assets.

Types of facility that can be accessed via the template credit?

Yes, up to N10M is uncollaterised. 

Maximum of N50M

No

20% of the customer’s annual turnover

For Brand New Assets?

30% of annual turnover, subject to a maximum of N50 million.

For Certified second-hand assets:

15% of annual turnover, subject to a maximum of N20 million

Minimum of 20% of the value of an asset for brand new assets and a minimum of 40% for second-hand assets.

365 days (maximum of 90 days cycle for overdraft facilities)

For Brand New Assets?

36 months/48 months (for new vehicles e.g Ambulances)

For Certified second-hand assets:

18 months.

Get started with the Sterling Health Finance.

Fill out the form to apply for health financing

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