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Loans

Build Bank Loans
Easy
Application Process
Quick
Access to Funds
Safe
Secure & Reliable

Loans

Overview

Our loan service is designed to provide you with quick and flexible financial assistance right at your fingertips.

Scaling your Micro and Small-Scale enterprise has become simplified with Build Impact Loans. Pre-qualify for a build impact loan to support your business’ growth and get more than just financial support. Build MFB is here to journey with you as you build your dream business, ensuring it reaches its fullest potential.

Whether it's for a personal expense or a business need, you can access funds without stress. Loan applications can be done via the web or on our mobile app.

How to Apply for a loan via Mobile App

Follow these simple steps to get started

Step One

Navigate to the Loan Section

Open the app and tap on the "Loans" option on your dashboard. This section is where you'll begin your loan application process.

Step Two

Choose a Loan Type

Based on eligibility, select from the loan options available (Build MFB Loans & Impact Loans). Each option comes with different terms and limits.

Step Three

Complete the loan application form

Enter the desired loan amount, purpose and select a repayment period. The app will show you the interest rate and monthly repayment amount based on your choices. Confirm if the terms are suitable for you.

Step Four

Submit Loan Application

Click "Submit Request" to submit your loan application. We may require additional documents depending on your loan type. Upload the necessary files if prompted. The loan request is submitted to the admin for review.

Step Five

Loan Offer ready

Upon review of the loan request, an offer is presented with a suitable repayment plan. A system notification is sent to registered email and phone number on the loan offer ready status.
Login to the loan section of the application, locate the loan offer, review and proceed to accept or decline the loan.

Step Six

Loan Disbursement- Offer accepted

Upon loan offer acceptance, funds are automatically disbursed to the merchant Build MFB account with credit alert notification sent to the merchant registered phone number and email.

How to Apply for a Loan on the Web Platform

Follow these simple steps to get started

Step One

Login to Your Account

Visit our website at [https://merchant.Buildmfb.com]. Enter your username and password to log in. If you're a new user, sign up and verify your account.

Step Two

Navigate to the Loan Section

Once logged in, scroll to the bottom of the menu and select the “Loans” tab. This will take you to the loan application page where you can see available loan types and details.

Step Three

Choose a Loan Type

Based on eligibility, select from the loan options available (Build MFB Loans & Impact Loans). Each option comes with different terms and limits.

Step Four

Loan Application

After selecting your preferred loan type, fill in necessary information. After filling successfully, review this information before proceeding to submit the request. The loan request is submitted to the admin for review.

Step Five

Fill Out the Loan Application Form

After selecting your preferred loan type, complete the loan application form by entering the required details, including your preferred loan amount, purpose and repayment period. The loan request is submitted.

Step Six

Review and Submit Application

Before submitting, carefully review the loan terms and conditions. Once you're satisfied, click the “Submit” button. You will receive a confirmation message on your screen and via email.

What Happens After You Submit

01. Processing

Your loan application will be reviewed, and you will receive an update.

02. Loan offer ready

An offer will be presented with a suitable repayment plan. A system notification is sent to registered email and phone number on the loan offer ready status.

03. Loan offer review

Login to the loan section of the web platform, locate the loan offer, review and proceed to accept or decline the loan.

04. Loan Disbursement-Offer accepted

Upon loan offer acceptance, funds are automatically disbursed to the merchant Build MFB account with credit alert notification sent to registered phone number and email.