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SME Loans
Without small businesses, most economies suffer. Finance and working capital have been identified as great impediments to small business growth and sustainability. Our business loans are targeted at small businesses providing essential and or premium products, services, and solutions that have high adoption rates and fall under fast-moving consumer goods (FMCG).
With over 41.5 million small businesses in Nigeria contributing a cumulative 48% of the GDP it is no gainsaying that supporting this business class is a game-changer and an enabler for economic growth.
Criteria: Turnover lending option available
Loan Requirements
- Must be duly registered with the C.A.C
- Must be operational for at least 24 months
- KYC must be in place (ID Card, BVN of directors and borrowers)
- Satisfactory credit checks
- Agreed repayment plan