Tips to business success Achieving business success requires a combination of factors, including a solid business plan, effective execution, adaptability, and a customer-centric approach. Here are some tips to help you on your journey to business success: 1. **Clear Vision and Business Plan**: Define a clear vision for your business and create a well-thought-out business plan. Outline your goals, target market, unique selling proposition, marketing strategy, and financial projections. A strong plan provides a roadmap for your business and helps you stay focused on your objectives. 2. **Understand Your Customers**: Know your customers' needs, preferences, and pain points. Conduct market research to gain insights into their behavior and expectations. A customer-centric approach will enable you to tailor your products or services to meet their demands effectively. 3. **High-Quality Products or Services**: Offer products or services that provide value and solve customers...
First City Monument Bank (FCMB) Nigeria has introduced a new loan offering for its account holders in Nigeria.
This offering, called “FastCash,” allows individuals to access loans of up to N200,000 (two hundred thousand Naira) in minutes without the need for collateral.
This is a collateral-free, convenient, and easy-to-access instant loan solution powered by FCMB.
The loan offers benefits such as instant access to funds, no paperwork, and a 30-day tenor for new customers and a 90-day clean up cycle for returning customers.
Additionally, customers can apply for the loan as many times in a year as long as they meet the qualifications.
Currently, this offer is only available to FCMB customers.
Non-FCMB customers can access the loan by opening an account on the FCMB New Mobile, Account Opening Portal, or by dialing *329#. Since its launch in 2018, over 2.7 million loans have been disbursed through the FastCash platform.
According to the Divisional Head of Personal Banking at FCMB, Mr. Shamsideen Fashola, the FastCash loan was introduced to give Nigerians with urgent and unexpected needs access to funds within minutes.
The loan aims to close the access to finance gap for many Nigerians, ensuring the well-being of their households.
In addition to FastCash, FCMB also offers a Salary-Plus-Loan to salary account holders. This allows qualified customers to access short or medium-term funding before salary payment if they have to meet urgent needs.
First City Monument Bank is a member of FCMB Group Plc, a purpose-beyond-profit corporation. The bank is committed to COVID-19 recovery, income equality, and poverty reduction by easing credit constraints to disadvantaged individuals and small businesses.
How to apply for FCMB Fastcash Loan N200,000 for Entrepreneurs, Individuals & Salary Earners
To apply for the FastCash loan, individuals can use the FCMB mobile app or dial the USSD code 32911#.
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