Fortress MFB Account Opening & Loan Processing

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.

Industry

Finance

Product type

Bank Accounts & Loans

Project type

Field activations, Account Opening, Loan Facilitation

Job Description

  • Search For Potential Customers Around You
  • Engage, Register And Onboard Customers
  • Facilitate Product Usage & Loan Processing
  • Provide Detailed Weekly Reports Of All Activities To Agent Manager For Reconciliation
  • Ensure Minimum Weekly And Monthly Activations & Products Sales

Agent Benefits

  • Earn Up To N20,000/Week
  • Financial Remuneration Based On Selected Target
  • Increase Your Revenue
  • Opportunity To Work On Other Projects For Additional Income

Products

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

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

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. But basically;

  • -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.

Products

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

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.

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

Who can register?

Digital Agents

These are agents who use digital tools to activate customers and sell products

Field Agents

These are agents we move around to activate customers and sell products physically

Shop Owners

Do you own a shop? Become a Fortress Bank Agent, let customers open accounts and process loans at your shop