UBA X LAGRIDE- Get Loan to Buy SUV for Ride-Hailing Business
Nobody deserves to be jobless in Nigeria, where the cost of living is already killing the living. Personal leverage can eliminate joblessness for anyone who understands business, especially for those with near-inelastic demand – simply put, services people require daily.
If this is you, you might want to consider one of UBA’s beautiful financial products for Nigerians looking to start a business.
UBA provides a structured vehicle finance facility that enables qualified individuals to acquire brand-new GAC GS3 SUVs or Bingo EVs for ride-hailing under the Drive-to-Own programme.
Designed to help you build a stable income stream while working towards full ownership of the brand new vehicle valued at ₦28 million, eligible applicants can begin with just a 10% down payment while UBA finances the balance under flexible repayment terms of up to 48 months.
Features
- Access to Brand-New Vehicles
- 10% equity contribution.
- 25% interest rate per annum
- Repayment tenor of 48 months
Requirements & Eligibility
To qualify, applicants must:
- Own a UBA account.
- Be within the eligible age range of 25 – 60 years.
- Have a valid driver’s licence, with at least 2 years’ driving experience
- Meet UBA’s credit assessment criteria
