Frequently Asked Questions
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Who is Preferred Finance Company Limited?
Preferred Finance Company Limited is licenced by the Central Bank of Nigeria to render financial services in the areas of Funds Management, Financial Advisory Services, Corporate and Structured Finance, Loans and Advances (Contract Finance, LPO Finance, Asset Finance, Personal Loans, Business Loans, Education Loans, Payday Loan, MSMEs Loan, and other specialized finance such as automobile finance, project finance, working capital finance, non-interest finance and etc.
Is Preferred Finance regulated?
Yes. Preferred Finance Company Limited is duly licensed and regulated by the Central Bank of Nigeria (CBN) and operates under strict financial compliance standards to ensure the safety and integrity of all client transactions.
What types of loans do you offer?
Preferred Finance offers a wide range of financial products and services including Funds Management, Corporate and Structured Finance, Business Loans, Contract Financing, LPO Financing, and Personal Lending Solutions.
What is the interest rate on your loans?
Our loan interest rates are highly competitive and customer-friendly:
Most loans attract a 6% interest rate
Group loans are available at 5% interest
What collateral is required to obtain a loan?
The collateral requirement for obtaining a loan from Preferred Finance Company Limited depends on the type of loan and the amount requested
What investment options are available at Preferred Finance?
We offer secure and rewarding investment opportunities:
Preferred Finance offers a wide range of financial products and services including Funds Management, Corporate and Structured Finance, Business Loans, Contract Financing, LPO Financing, and Personal Lending Solutions.