GTBank Business Loan

GTBank offers business loans ranging from ₦1,000,000 to ₦500,000,000 with terms of 12 to 60 months, ideal for established Nigerian businesses.

Last checked on September 1, 2026. We may earn a commission when you click through.

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✓ High loan amounts available ✓ Quick approval time ✓ Flexible repayment terms
Business Guaranty Trust Bank Reviewed

GTBank Business Loan

Updated 2 months ago

APR Range

—

Amount

₦1M

Term

12–60 months

Type

business

Check eligibility →

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Our Verdict

With loan amounts up to ₦500 million, GTBank provides substantial financial backing for growing businesses. However, the mandatory two-year trading history may exclude startups and new ventures.

Best For

Established Nigerian businesses with a solid trading history seeking significant funding for expansion.

Watch Out

Applicants must have a GTBank business account and a minimum of two years trading history, which may limit access for newer businesses.

Pros

  • High loan amounts available
  • Quick approval time
  • Flexible repayment terms

Cons

  • Requires two years trading history
  • Mandatory GTBank business account
  • Strict documentation requirements

Full Review

GTBank's business loan is a option for enterprises looking for sizeable funding, offering loans between ₦1,000,000 and ₦500,000,000. Approval typically takes 1-2 weeks, allowing for relatively prompt access to funds. The requirement for a GTBank business account and at least two years of trading history might deter newer businesses or those without an established relationship with the bank.

This could narrow the applicant pool significantly, especially in a market with many emerging startups. While the terms are flexible, ranging from 12 to 60 months, consider the rigorous documentation needed, including financial statements and tax clearance. This level of scrutiny may slow down the approval process for some.

Customer service experiences are generally positive, but applicants should be prepared for a thorough review process. According to GTBank's site, having all paperwork ready can expedite approval, making it crucial for businesses to be well-prepared.

Who Is This For?

Nigerian businesses with at least two years of trading looking for substantial funding to grow.

What Borrowers Say

Borrowers generally appreciate the quick processing times but note the strict eligibility requirements.

Summary

GTBank provides business loans from ₦1,000,000 to ₦500,000,000 with terms ranging from 12 to 60 months, requiring a minimum of two years trading history.

About This Loan

GTBank offers business loans ranging from ₦1,000,000 to ₦500,000,000 with terms of 12 to 60 months, ideal for established Nigerian businesses.

Requirements

  • Nigerian registered business
  • GTBank business account
  • Minimum 2 years trading history
  • Financial statements and tax clearance

Check if you qualify

Check eligibility →

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