FAQs

• What is the cost of the capital?
  Bankoto charges a flat fee of 15% of capital provided. There are no other hidden fees such as management fee, late repayment fees, application fee and any other types of additional fees.
• How long does it take to get capital?
  Capital is usually disbursed to qualified applicants within 3 hours of applying.
• How do I access the capital?
  We usually credit the fund to your advertising platforms directly or through a Bankoto credit card prepared by mastercard.
• Can I get additional capital for my business?

  Definitely. We provide additional capital to businesses with successful loan completion. We can scale with your business and make you our dedicated account partner with even more exclusive offers.

• When does repayment begin?
  Repayment starts the day stated on your offer letter. Usually after 30 days when the funds have been disbursed.