| Interest Rate | 25% |
| Duration | From 30 Days |
| Access Level | Salary Earners |
| Company Name | Fortress Microfinance Bank |
| Phone 1 | 07035836168 |
| Phone 2 | |
| Website or Store | https://fortressmicrofinancebank.com/ |
| Address | 223 Ikorodu road, Ilupeju, Lagos, Nigeria |
| Category | Mild Loan |
| Company Email | info@fortressmicrofinancebank.com |
| Views | 1,170 |
FortressMFB
Training Videos
Frequently Asked Questions
Fortress Microfinance Bank Limited (Fortress MFB) was incorporated on February 8, 2008. Prior to that, it obtained an approval in principle to establish a microfinance bank in Nigeria from the Central Bank of Nigeria in December 2007. The bank received its operating license on July 7, 2008, and began full banking operations on August 1, 2008. Fortress MFB has been serving customers for over 12 years and operates from a single location as a unit microfinance bank.
Our Transformation Journey
With recent changes in management and the injection of sufficient funds to meet the Central Bank of Nigeria (CBN) minimum capital requirement of N200 million for our category, Fortress MFB is well-positioned to digitalize its operations. This transformation allows us to provide value-added and convenient banking services to our customers, leveraging technology to offer tailor-made banking products.
Comprehensive Banking Solutions
Your Lifestyle Bank
At Fortress MFB, we aim to be your lifestyle bank by offering quick personal and business loans, as well as access to life-transforming savings and investment plans. Our focus is on providing seamless and innovative financial solutions that cater to your unique needs.
Easy Personal Loans
Our easy personal loans are designed to provide you with quick access to funds when you need them the most. Whether for planned or unplanned expenses, our personal loans are targeted at the following categories of customers:
- Bankers
- Staff of FMCG Companies
- Civil Servants (IPPS number required)
- Security Corps: Police, Army, Customs, and Navy (IPPS number required)
- Customers Desiring to Purchase Home Appliances
We offer fast personal loans of up to ₦1,000,000 to help you meet your financial needs.
Amazing Business Loans
We understand the importance of small- and medium-scale enterprises (SMEs) in driving economic growth. Our business loans are targeted at helping SMEs grow and expand their operations effortlessly. We offer quick business loans of up to ₦10,000,000 for the following purposes:
- Traders: To support trading activities and business expansion
- LPO Financing: To finance local purchase orders
- Lease Financing: To support the leasing of equipment and assets
Competitive Interest Rates
Our interest rates are competitive and structured to suit different borrowing needs:
- 3% for loans of ₦500,000 and above
- 3.5% for loans ranging from ₦100,000 to ₦499,999
- 5% for loans below ₦100,000
Please note that insurance applies to all loans, providing additional security for our borrowers.
Why Choose Fortress MFB?
Fortress MFB is committed to the prosperity and success of our customers and their businesses. Our core pillars are built on providing reliable and customer-centric financial services. Here’s why you should choose us:
1. Digital Transformation
We are leveraging technology to digitalize our operations, ensuring that our customers have access to convenient and innovative banking services.
2. Tailor-Made Products
Our banking products are designed to meet the unique needs of our customers, providing customized solutions that align with their financial goals.
3. Experienced Management
With a recent change in management, we are well-equipped with the expertise and vision to drive the bank forward, ensuring sustainable growth and customer satisfaction.
4. Financial Inclusion
We are dedicated to promoting financial inclusion by providing accessible and affordable banking services to individuals and businesses across Nigeria.
How to Apply for Our Loans
Applying for a loan at Fortress MFB is a straightforward process designed to ensure quick access to funds. Here’s how you can apply:
- Visit Our Office: Since we operate from a single location, you can visit our office to speak with our loan officers.
- Provide Necessary Documentation: Ensure you have the required documents, such as identification, proof of income, and any other relevant information.
- Loan Assessment: Our loan officers will assess your application and provide you with detailed information about the loan terms and conditions.
- Approval and Disbursement: Once your loan is approved, the funds will be disbursed to your account promptly.
Fortress Microfinance Bank Limited (Fortress MFB) is dedicated to providing comprehensive and innovative banking solutions to meet the diverse needs of our customers. With our commitment to digital transformation, competitive interest rates, and tailor-made financial products, we are your trusted partner in achieving financial stability and success. Experience the convenience and reliability of modern banking with Fortress MFB. Visit us today and take the first step towards a brighter financial future.