Earn up to N20,000/Week as a Fortress MFB sales agent by signing up customers for Fortress MFB’s Savings or Current Accounts and processing personal and business Loans
Fortress Microfinance Bank Limited (Fortress MFB) was incorporated on February 8, 2008. It obtained approval in principle to set-up a MFB in Nigeria from Central Bank of Nigeria in December 2007, and was licensed to commence operation on July 7, 2008. Full banking operations commenced on August 1, 2008. Fortress MFB that has operated for the past 12 years. It is a Unit MFB — it operates from just one location.
Product | Product details | Product price | Agent commission |
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Fortress Savings Account | • Opening Balance of N1,000 • Minimum balance N500 • Interest rate of 5% per annum • REQUIREMENTS – BVN – Valid Id card – Recent utility bill – Completed savings account opening form |
Product | Product details | Product price | Agent commission |
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Fortress Individual Current Account | Account opening balance of ₦10,000 with zero minimum operating balance Debit card (Mastercard, Visa, or Verve) Cheque book Bill payments and standing instructions Email and SMS alerts Monthly e-statements (paper statements available on request) Monthly service charge of ₦105 only REQUIREMENTS – BVN – Passport photo – Valid Id card – Recent utility bill – Completed savings account opening form |
Product | Product details | Product price | Agent commission |
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Fortress Corporate Current Account | Account opening balance of ₦10,000 with zero minimum operating balance Debit card (Mastercard, Visa, or Verve) Cheque book Bill payments and standing instructions Email and SMS alerts Monthly e-statements (paper statements available on request) Monthly service charge of ₦105 only REQUIREMENTS -BVN – Passport photo – Valid Id card – Recent utility bill -TIN – Completed savings account opening form – CAC documents along with Board resolution letter |
Product | Product details | Product price | Agent commission |
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Fortress Personal Loans | A Business can get Quick business loans of up to ₦5,000,000 for: Traders LPO Financing Lease Financing LOAN REQUIREMENTS Loan requirements varies. Depends on the loan product and amount. -copy of passport photo -copy of government -copy of recent utility bill -completed loan application form and signed by client Signed cheque leaves for loan above #499,999.99k Collateral for loan above #1 million GUARANTOR -copy of passport photo -copy of government id -copy of recent utility bill -completed guarantor form and signed by guarantor 1% of loan amount as insurance fee Interest Rates 3% for ₦500,000 and above; ₦100,000 to ₦499,999 is 3.5%, and below ₦100,000 is 5%. One Off 1% Insurance applies on all loans. |
Product | Product details | Product price | Agent commission |
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Fortress Business Loans | A Business can get Quick business loans of up to ₦5,000,000 for: Traders LPO Financing Lease Financing LOAN REQUIREMENTS Loan requirements varies. Depends on the loan product and amount. -copy of passport photo -copy of government -copy of recent utility bill -completed loan application form and signed by client Signed cheque leaves for loan above #499,999.99k Collateral for loan above #1 million GUARANTOR -copy of passport photo -copy of government id -copy of recent utility bill -completed guarantor form and signed by guarantor 1% of loan amount as insurance fee Interest Rates 3% for ₦500,000 and above; ₦100,000 to ₦499,999 is 3.5%, and below ₦100,000 is 5%. One Off 1% Insurance applies on all loans. |
Product | Product details | Product price | Agent commission |
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Fortress Invoicing Product | Invoicing Solution helps customers track invoices FEATURES A dashboard overview to track sent invoices and payments Access via web and mobile app Multiple payment channels Transaction history for analysis Bills payment avenue An overview of the current subscription Digital Ledger Automated reminders Automated reconciliation Invoice Creation Receipts Ability to create your company’s profile |