Prime Lending – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Fri, 07 Jan 2022 22:33:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Prime Lending – InfoStride News https://www.theinfostride.com 32 32 SMEs pay interest rate higher than prime borrowers https://www.theinfostride.com/smes-pay-interest-rate-higher-than-prime-borrowers/ https://www.theinfostride.com/smes-pay-interest-rate-higher-than-prime-borrowers/#respond Fri, 07 Jan 2022 22:33:28 +0000 https://www.theinfostride.com/?p=316256 June was the toughest month for most borrowers. Then, the maximum interest rate, the statistics said, was 29.05 per cent as against prime borrowing cost of 11.67 per cent. Prime borrowers are individuals and organisations whose perceived credit risks are below average. The categories of borrowers are likely to make full payments on time. Facilities [...]

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