The Diamond Mediloan QualityCare program is a partnership between Diamond Bank and Medical Credit Fund providing financial support and advisory services to healthcare organizations.
Under the Mediloan QualityCare Program, customers can access funds at interest fees of 19% per annum.
BENEFITS OF THE PROGRAM TO CUSTOMERS
- Borrowing of up to N350 million
- Equity contribution as low as 20% (for equipment purchase)
- Support towards quality improvement via Free SafeCare Quality Program
- Support towards improved financial record keeping, inventory management & patient registration
- Access to affordable composite business loans to cater for ;
- Capacity building (training towards meeting SafeCare Quality Standards) / Working Capital
- Equipment Financing and Facility construction or renovation
EXEMPTIONS
- Public sector Hospital and Non-governmental organization are exempted
- Finance of second hand equipment
Available Packages
Small Loan
Bronze Package
₦1M - ₦1.6M
Loan Tenure12 Months Max
Interest Rate 19% p.a
Applicable fees 2% flat
Equity Contribution20% flat
Medium Loan
Silver Package
₦1.6M - ₦8M
Loan Tenure24-36 Months Max
Interest Rate 19% p.a
Applicable fees 2% flat
Equity Contribution20% flat
Large Loan
Gold Package
₦8M - ₦350M
Loan Tenure60 Months Max
Interest Rate 19% p.a
Applicable fees 2% flat
Equity Contribution30% flat