VULTe: Up to N100 Million Available to Expand Your Business

Polaris Bank Limited’s digital bank, VULTe, is offering substantial support to small and medium enterprises (SMEs) through its various loan products, with the potential to access over N100 million to fund their businesses.

The VULTe app, which has received recognition for its tech-edge solution, provides a seamless and automated process for entrepreneurs to access the necessary funds to expand their businesses.

The loan products available on VULTe by Polaris Bank include the Polaris SME Loan, which offers several types of loans tailored to the needs of SMEs and individuals.

VULTe: A Gateway to Business Expansion

VULTe, the digital bank by Polaris Bank, has unveiled a range of loan products designed to meet the specific needs of SMEs and individuals.

These offerings include the Term Loan, Bank Overdraft SME Loans, Auto Loan, Salary Advance for Salary Earners, and Polaris Lite Loans, providing access to quick funding for personal needs.

Polaris SME Loan: Empowering Entrepreneurs

Gone are the days of struggling to secure capital for your entrepreneurial dreams. VULTe, in collaboration with Polaris Bank, is committed to unlocking the growth potential of Nigerian SMEs. The Polaris SME Loan program offers two distinct loan options:

Overdraft: This flexible facility acts as a safety net, providing an immediate cash flow buffer to manage emergencies or seize unexpected opportunities.

Term Loan: Ideal for planned expansion endeavors, this loan offers competitive interest rates and a repayment period of up to 24 months, allowing you to spread the cost of investments strategically.

Under the Polaris SME Loan, SMEs can access up to N20 million to expand their businesses, with the flexibility to spread payments over 24 months at a competitive interest rate. This initiative aims to provide the necessary financial support for SMEs to achieve their growth objectives.

Seamless Application Process

One of the key advantages of the VULTe loan offerings is the seamless application process. New and existing customers can apply for loans without the need for a physical bank visit.

The entire process, from application to approval, can be completed on the VULTe app or website, making it a convenient and efficient solution for entrepreneurs and individuals alike.

Key Benefits of VULTe Loan Offerings

The VULTe loan products come with several benefits, including:

No collateral required

No paperwork needed

Convenient access on all devices

Approval in minutes

How to Apply for VULTe Loans

To apply for a VULTe loan, applicants can follow these simple steps:

Open the VULTe app or visit www.vulte.ng.

Navigate to the SME Loan Marketplace.

Select your preferred loan type and purpose.

Specify the desired loan amount.

Accept the provisional offer letter by entering your PIN.

Upload the required documents electronically.

That’s it! No more queuing at banks or filling out countless forms. VULTe leverages technology to expedite the loan approval process, getting you the funds you need faster.

Final Thoughts

VULTe, the digital bank by Polaris Bank, is committed to supporting the growth and expansion of SMEs and individuals through its innovative and customer-centric loan products.

With the potential to access up to N100 million, VULTe presents a compelling opportunity for businesses to secure the funding needed to realize their growth ambitions.

The VULTe app is available for download on Google Play and the IOS App Store, and individuals can also visit www.vulte.ng to begin their journey towards accessing the financial support necessary for their business or personal needs.