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Nairaland Forum / Nairaland / General / Business / You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business (17481 Views)
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You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by AutoJoshNG: 11:18am On Oct 22, 2016 |
Uber has announced "Get a First Bank loan to buy a car for your Uber business". In this initiative, First Bank will provide low-interest loans to Uber driver-partners depending on their driving performance record. This will enable them purchase used cars for their Uber ride sharing business. According to Ebi Atawodi, General Manager for Uber in Nigeria, the used vehicle finance offering is the first of its kind to be made available to Uber driver-partners in the country. This is in keeping with Uber’s stated commitment to constantly develop forward-thinking partnerships that benefit its driver-partners. The loan will be at a competitive interest rate of 20% per annum over a 24 month repayment period. “We are absolutely committed to making it as easy as possible for our driver-partners to start and maintain their own successful and profitable businesses,” Atawodi explains. “And these used vehicle finance options make it possible for those with a demonstrable performance commitment to build sustainable businesses. Especially without incurring the high costs often associated with new vehicle purchases.” According to MD/CEO, First Bank of Nigeria Limited and Subsidiaries, Adesola Adeduntan, the Bank is committed to supporting entrepreneurs to build sustainable businesses which are pivotal in stimulating economic development. “It therefore remains our business to foster the growth and development of small/medium scale businesses in Nigeria as the No. 1 SME Bank. This is also a reason we have partnered with Uber by empowering operators to own vehicles and build profitable businesses,” To quality for this loan, the driver must have an average driver performance rating not less than 4.5. He or She must have also earned more than N2,400,000 in the preceding 6 months. https://autojosh.com/first-bank-loan-to-buy-a-car-for-your-uber/ Cc Lalasticlala Ishilove Marpol Semid4lyfe Obinoscopy
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Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by tolulinks(m): 3:00pm On Oct 23, 2016 |
Unimpressive 5 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Emekayoung(m): 11:08pm On Oct 23, 2016 |
2.4m in 6months? This people are mad sha... 25 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Airborne02(m): 11:25pm On Feb 05, 2017 |
U go pay double d car price.. Dnt b surprised.. Dem go use u do investment 5 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by brunofarad(m): 7:24am On Feb 06, 2017 |
Ok Conditions are very unfavorable tho 2 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by WILLYBABS(m): 7:24am On Feb 06, 2017 |
If You Think Buhari is our problem click like, if you think otherwise, click share...if you're neutral click both. 30 Likes 13 Shares |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Nobody: 7:25am On Feb 06, 2017 |
have u eva been in a position where u really don't know what to comment? 3 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by naijablood: 7:26am On Feb 06, 2017 |
K |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by dessz(m): 7:28am On Feb 06, 2017 |
how dis post take concern 90% of nairalanders. 6 Likes
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Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Nobody: 7:28am On Feb 06, 2017 |
20% per annum? That's trash. You definitely won't make any money literally. 4 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by JeffreyJamez(m): 7:28am On Feb 06, 2017 |
If someone has made 2.4million in the past 6 months,why would he need a loan to buy a 2nd hand car?....How much be 2nd car? ![]() 28 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by IamSimi(m): 7:28am On Feb 06, 2017 |
Uber everywhere |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by ikp120(m): 7:29am On Feb 06, 2017 |
Shity deal ![]() 3 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by grrrhh(m): 7:31am On Feb 06, 2017 |
Never start a business with a bank loan The interest is not interesting 10 Likes 1 Share |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by SEOManiac: 7:35am On Feb 06, 2017 |
At the end of it all, you'll pay the bank 40% on what you borrowed. BS! 3 Likes 1 Share |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by MizTyna(f): 7:37am On Feb 06, 2017 |
JeffreyJamez: My thoughts exactly, the conditions are too stringent Emekayoung: Very mad. Factor in 20% interest over a year. Yet they say it like they're doing people a favour, take such risk at your own peril 9 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Orikinla1: 7:38am On Feb 06, 2017 |
Emekayoung: UBER drivers take home about N100, 000 weekly. 1 Like |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by koolkamzzy(m): 7:39am On Feb 06, 2017 |
20% interest per annum and yet to get 10% on your fixed deposit na wahala. Driver-partner pay 20% on loan interest and 40% on trips completed to Uber, what's left? 1 Like |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by talkeverytime: 7:39am On Feb 06, 2017 |
Them no get sense ni? 2.4m in 6 months ![]() Abeg read this "The fall of MMM Nigeria : Four Major things that caused it - including Nairaland" http://talkeverytime..com/2017/02/the-fall-of-mmm-nigeria-4-major.html |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by sped1oro(m): 7:41am On Feb 06, 2017 |
Another bank slavery is about to start, if you don't want to be perpetually enslaved to the bank, stay away from this Ponzi scheme. It will be more fatal than MMM. ![]() ![]() ![]() 2 Likes |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by leofab(f): 7:42am On Feb 06, 2017 |
Hmmm |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Nobody: 7:42am On Feb 06, 2017 |
Emekayoung: Lol This country remains n will continue to be a joke. |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by buchilino(m): 7:43am On Feb 06, 2017 |
Orikinla1:BROS, BELIEVE ME NOT ALL UBER DRIVERS MAKE DAT AMOUNT ON A WEEKLY BASIS. 1 Like |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by cassidy1996(m): 7:46am On Feb 06, 2017 |
Emekayoung:abi oh.. Dem nor well at all. |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by RichDad1(m): 7:48am On Feb 06, 2017 |
Stale ![]() |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by cassidy1996(m): 7:49am On Feb 06, 2017 |
JeffreyJamez:GOD bless you... Seconded.... |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Nobody: 7:49am On Feb 06, 2017 |
20% interest ![]() |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by chuksjuve(m): 7:50am On Feb 06, 2017 |
Wonderful Meanwhile you can also check my signature for free and call up ASAP for your horticulture, Landscape and gardening services... Thanks |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by paulo220(m): 7:51am On Feb 06, 2017 |
this is not marketable at all...thanks |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Rainmaker69(m): 7:53am On Feb 06, 2017 |
See better one chance! 20% per annum for 24 months, you'll be working for Firstbank cos interest go reach to buy car. Firstbank done enter Uber business. 1 Like |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by Interesting15: 7:55am On Feb 06, 2017 |
Orikinla1:So what do you think about the loan terms Sir? Favorable? 1 Like |
Re: You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business by kateskitty(f): 7:58am On Feb 06, 2017 |
Finally |
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