Requirements/Documents
Product Type and Required documentations
We thoroughly assess your current financial landscape, taking into account both short- and long-term objectives, family dynamics, and evolving priorities. Our dedicated team supports you through every stage of the planning process and significant life milestones.
Note: All loans request will only be approved subject to customer having a satisfactory Credit Bureau Report, verifiable background check (KYC), signed up Credit Life Insurance and healthy Loan repayment history.
Please confirm from Legal Department and Risk Management on the suitability of collateral documents received from customer to a particular Loan Product.
Any variation or deferral on the terms and conditions must be backed up with an approval from the management and/or the board of directors where necessary
Personal Loan (Salary Advance)
- Duly completed Woodhall Finance
Individual loan form with Applicant’s
Passport Photograph attached. - Loan Request Letter.
- Duly executed Loan Agreement Form.
- Must be working in a reputable
organization. - Must be a confirmed staff and have
been with employer for over 6 months. - Provision of BVN and NIN and other
valid means of Identity - Verified bank statement of salary
account for the past 6 months. - Issuance of post-dated Cheques
against Salary account. - Copy of employment letter & recent
promotion. - Copy of work identity card.
- Current utility bill.
- Provision of BVN and NIN of Directors
of the company. - Duly completed Individual Loan
Guarantor’s Form (verified by LO) with
postdated cheques. - Customer to set up monthly direct
debit via Remita or Paystack.
Business Loan (SME’s)
- Duly completed Woodhall Finance
loan form with Applicant’s Passport
Photograph attached. - Loan Request Letter on the company’s
Letterhead paper and Seal. - Duly executed Loan Agreement Form.
- Copy of CAC Certificate of
Registration of Business (if
applicable). - Board Resolution, stating decision to
borrow, loan amount and Tenure with
Seal (if applicable) - Provision of BVN and NIN of Directors
of the company. - Provide a 10% – 20% of the Loan amount
as Equity Contribution where applicable. - Security/Collateral (Bill of Sale, Stock
Hypothecation, All Assets Debenture,
Legal/Equitable Mortgage, Irrevocable
Power of Attorney, Fixed/Floating
Charge, Cash Collateral, etc). - Verified bank statement of business
account for the past 6 months. - Must have been in Business for at
least 1 year. - Copy of Govt. issued ID.
- Current utility bill.
- Borrower’s post-dated cheques.
- Duly completed Loan Guarantor’s
Form (verified by LO) with post-dated
cheques. - Customer to set up monthly direct
debit via Remita and Paystack.
LPO Financing
- Duly completed Woodhall Finance loan form with Applicant’s Passport Photograph attached.
- Loan Request Letter on the company’s Letterhead paper.
Duly executed Loan Agreement Form.
Board Resolution, stating decision to borrow, loan mount and Tenure. - Provision of BVN and NIN of Directors of the company.
20-30% Equity contribution - Original copy of the invoice/purchase order duly accepted by the principal/employer company and endorsed payable to Woodhall Finance by the vendor (customer).
- Must have been in Business for 2 years, with copies of previous LPO executed and invoices paid by the principal.
- Provide profitability analysis
Flexible collateral (post-dated cheques, equitable or legal mortgage, business equipment, Irrevocable Power of Attorney goods in stock, vehicles, landed property, Bill of Sale, etc). - Provide a corporate guarantor with their ID and post-dated cheques (as maybe required & verified by Account officer).
- Compulsory Domiciliation of payment to Woodhall Finance.
- Confirmation of the LPO by the issuing company in writing done by the account officer and compliance department.
Equipment/Asset Finance
- Duly completed Woodhall Finance loan form with Applicant’s Passport Photograph attached.
- Loan Request Letter on company’s Letterhead or request Letter for individuals.
- Provision of BVN and NIN of Directors of the company or that of the individual for individual applicants.
- Proforma Invoice of asset to be financed from recognized vendor.
- Personal guarantor (with valid ID, 1 passport, recent Utility bill & verified by Account officer).
- Guarantor’s post-dated cheques.
- The items must be purchased from a Woodhall Finance verified vendor, stating Woodhall Finance as owner.
- Where our vendors do not sell the required product, customer can be allowed to purchase from another vendor.
- Verified bank statement of salary or Corporate account for the past 6 months.
- Comprehensive Insurance cover on the asset by Woodhall Finance appointed Insurer.
- Provide a 20-30% of Loan amount as Equity Contribution.
- Must have been in Business for 2 years or must be a confirmed staff of his or her company.
- Customer to set up monthly direct debit via Remita or Paystack.
Term/ Time Loan
- Duly completed Woodhall Finance loan form with Applicant’s Passport Photograph.
- Duly executed Loan Agreement Form
- Loan Request Letter on the company’s Letterhead paper.
- Board Resolution naming those authorized to act on behalf of the company, and stating Amount and Tenure with company SEAL.
- Company’s Incorporation documents – CAC 2 & CAC 7, Certificate of Incorporation and MEMART.
- Applicant’s Bank Statement for the Last Six Months till date.
- Applicant’s Valid Photograph ID Card (Int’l Passport/Driver’s License Preferable).
- Applicant’s Signed Cheque(s) to cover repayment period.
- Personal Guarantee of a Director – Copy of valid Means of Identity (Int’l Passport/Driving License Preferable) and a signed undated cheque to back up the guarantee.
- Security/Collateral (Bill of Sale, Stock Hypothecation, All Assets Debenture, Legal/Equitable Mortgage or Fixed/Floating
- Charge, Irrevocable Power of Attorney etc).
- Customer to set up monthly direct debit via Remita or Paystack (if applicable).
- The proposed estate must have a good title that can be assigned, leased or sub-leased to individual allottees/purchaser of the units therein.
- Photocopy of tax clearance certificate for the past 2 years.
- Must have been in Business for at least 2 years.
Invoice Discounting/Debt Factoring
- Duly completed Woodhall Finance loan form with Applicant’s Passport Photograph attached.
- Loan Request Letter on the company’s Letterhead paper.
- Board Resolution, stating decision to borrow, loan mount and Tenure.
- Payment to be made 75% – 80% discount of the invoiced amount.
- Only reputable companies to be involved.
- Original copy of invoice to be confirmed.
- Security/Collateral (Bill of Sale, Stock Hypothecation, All Assets Debenture, Legal/Equitable Mortgage, Irrevocable Power of Attorney, Fixed/Floating Charge, etc).
- Personal Guarantee of a Director – Copy of valid Means of Identity (Int’l Passport/Driving License Preferable) and a signed undated cheque to back up the guarantee.
- Properly executed domiciliation of payments form/letter (if applicable).
- Confirmation of the invoice by the issuing company in writing done by the account officer and compliance department
Woodhall Finance Mortgage /Real Estate Development
- Duly completed Woodhall Finance loan form with Applicant’s Passport Photograph.
- Duly executed Loan Agreement Form
- Loan Request Letter on the company’s Letterhead paper.
- Board Resolution naming those authorized to act on behalf of the company, and stating Amount and Tenure with company SEAL.
- Company’s Incorporation documents – CAC 2 & CAC 7, Certificate of Incorporation and MEMART.
- Applicant’s Bank Statement for the Last one year till date.
- Bill of Quantity, approved survey plan and/or any other supporting documents to the transaction.
- 20-30% Contribution.
- Applicant’s Valid Photograph ID Card (Int’l Passport/Driver’s License Preferable).
- Applicant’s Signed Cheque(s) to cover repayment period.
- Personal Guarantee of a Director – Copy of valid Means of Identity (Int’l Passport/Driving License Preferable) and a signed undated cheque to back up the guarantee.
- Security/Collateral Legal/Equitable Mortgage or Fixed/Floating Charge, Irrevocable Power of Attorney etc, additional security may be needed where necessary.
- Customer to set up monthly direct debit via Remita or Paystack (if applicable).
- The proposed estate must have a good title that can be assigned, leased or sub-leased to individual allottees/purchaser of the units therein.
- Photocopy of tax clearance certificate for the past 2 years.
Must have been in Business or work for at least 2 years.
School Fees Bridge Finance
- Duly completed Woodhall Finance Individual loan form with Applicant’s Passport Photograph attached.
- NIN Slip
- Complete KYC Form
- Loan Request Letter.
- Duly executed Loan Agreement Form.
- Must be working in a reputable organization.
- Must be a confirmed staff and have been with employer for over 6 months.
- Verified bank statement of salary account for the past 6 months.
- Issuance of post-dated Cheques against Salary account.
- Copy of employment letter & recent promotion.
- Copy of work identity card.
- Current utility bill.
- Provision of BVN.
- Customer to set up monthly direct debit via Remita or Paystack.
- Guarantor’s forms and cheques (guarantor’s email for consent)
Payment must be made directly to the school account but a letter must be obtained from the parent before the payment.
Loan Products Terms
Proof of Funds
- Duly completed Woodhall Finance loan form
- Applicant’s Passport Photograph.
- Copy of valid identity card (preferably international passport).
- Current utility bill (not more than 3 months).
- NIN Slip
- Customer’s BVN
- Copy of Admission letter or school bill (if necessary).
- Duly accepted Woodhall Finance Ltd Offer Letter
- Signed Woodhall Finance Ltd Loan agreement form
- Signed Bank Transfer instruction
- Signed Instruction to place a Lien
- Signed Email Indemnity for honoring electronically given instruction.
Condition precedent to disbursement
Preparing For Your Future
Achieving Your Vision
At Woodhall Finance, we believe that every financial decision is a step toward a greater purpose. Our role is to translate ambition into measurable outcomes through strategic lending, disciplined advisory, and deep market insight. By aligning our expertise with your goals, we provide the clarity, structure, and capital needed to turn vision into lasting value. Whether you’re pursuing growth, stability, or transformation, we partner with you to ensure your financial journey leads to enduring success.
Our Process
How Can Our Team Help You to Reach Your Goals
01
Tailored Financing for Every Ambition
We design personal loan solutions that reflect each client’s unique financial goals. Our structured approach ensures access to capital with flexibility, transparency, and precision.
02
Responsible Lending, Sustainable Growth
Every loan is assessed with a long-term view, aligning borrowing capacity with financial wellbeing. We empower clients to achieve progress without compromising future stability.
03
Streamlined Access and Expert Guidance
Our process combines efficiency with insight. From application to disbursement, clients benefit from a seamless digital experience and dedicated advisory support at every stage.
04
Building Trust Through Financial Integrity
We uphold the highest standards of governance and ethical lending. Each engagement is guided by fairness, accountability, and an unwavering commitment to client success.
Testimonials
