Access Bank LATO Mart Loan 2021: How to apply

The Access Bank Lending against turnover for supermarkets (LATO Mart) loan is a digital product aimed at customers of Access bank with cooperate accounts for super markets.

To qualify for the loan, these customers are expected to reach a criteria of Bank Risk Acceptance as stipulated by Access bank as well as a turnover of not less than N500,000 in the period of 6-12 months.

The loan can be requested using the USSD ccode * 90111#. Then follow the prompt.

Only Access bank customers and current Business accounts are eligible for the loan. The loan requires no collateral.

To receive the LATO Mart loan, it must be confirmed that an applicant infact, owns a super market and the said applicant must be profiled.

Applicants with an outstanding loan repayment or Applicants whose BVN isn't linked to their account number or phone number will not qualify for the laon.

The Access bank account will be credited as soon as the application is confirmed to be successful. And an applicant may apply the loan more than once.

Repayment is due to start 30 days from the collection date through already laid out methods by Access Bank.

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