WEMA ASSET ACQUISITION SCHEME

What is Wema Asset Acquisition Scheme (WAAS)?
Wema Asset Acquisition Scheme is a term loan facility focused on financing vehicles and mid-sized generators for eligible individuals
Mon, 15 Feb, 2021 at 8:12 AM
What kind of facility can I access with WAAS?
New vehicles, Pre-owned vehicles (Foreign used only), mid-sized generators (8kva – 60kva)
Mon, 15 Feb, 2021 at 8:12 AM
What are the minimum and maximum amount I can access through this facility?
You can request for a loan of up to N30 million 
Mon, 15 Feb, 2021 at 8:13 AM
Can I acquire used products with WAAS?
Yes, you can
Mon, 15 Feb, 2021 at 8:13 AM
What is the tenure for repayment of the WAAS facility?
48 months
Mon, 15 Feb, 2021 at 8:13 AM
I don't have a salary account with Wema Bank, can I still access this facility?
 Yes, you can 
Mon, 15 Feb, 2021 at 8:13 AM
What are the documents required to access this facility?
The documents required are;  Completed Application Form Letter of Introduction Valid Means of Identification Last 3 months Bank Statement Las...
Mon, 15 Feb, 2021 at 8:14 AM
What collateral do I need for this loan?
No, you don’t need collateral for this facility
Mon, 15 Feb, 2021 at 8:14 AM