Strategic borrowing can be a powerful stepping stone to financial growth. Sometimes, a little financial boost is all it takes to move from “just surviving” to “absolutely thriving.” You may be looking to expand your business or complete a major project, eyeing that dream car, planning a wedding, or simply handling an unexpected expense; knowing which loan suits your needs is the first step in the right direction.
At UBA, we get that your financial goals are unique. That’s why we’ve designed a wide range of loan products to match different lifestyles and needs. Here’s how to figure out which UBA loan is right for you.
Step 1: Define Your Why
Are you launching a business, renovating your kitchen, paying school fees, or going on that long-overdue vacation? Your why determines your what.
UBA Match:
Asset Finance Loan – Perfect for buying that new home appliance or furniture.
Personal Loan– Ideal for short-term needs like tuition, bills, or personal projects.
Step 2: Know How Much You Need
It’s tempting to request more than you need (just in case), but it’s smarter to borrow only what you can comfortably repay. Create a simple budget to estimate your true need.
UBA Match:
Click Credit – Quick access to cash of up to N1m to sort out your emergencies.
Step 3: Check the Repayment Terms
You don’t want your loan to feel like a lifelong relationship, especially not the toxic kind. Look for flexible repayment terms that fit your income flow.
UBA Match:
Personal Loans – Repay over 60 months. No pressure, just progress.
Asset Finance Loan – Repay over 24 months.
Step 4: Check Your Eligibility
At UBA, we don’t make you jump through hoops. Most of our loans are designed to be accessible, especially if you receive your salary through UBA or have a good credit history.
UBA Match:
Target Account Holders– Enjoy more favourable loan terms with a consistent savings pattern.
UBA Business Loans – Special packages for SMEs, traders, and entrepreneurs.
Personal Loan– Designed for salary earners who have their salaries domiciled at UBA.
Choosing the right loan empowers your next big step, and UBA is here to walk that journey with you.
So go ahead, ask yourself: What do I need? What can I afford? And which UBA loan gets me there faster?
Still unsure? Visit the nearest UBA branch for personalised expert advice.
