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Tips to get business loans in Nigeria

  A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans in Nigeria including machine financing, asset-based financing, invoice financing, microloans, business cash advances and cash […]

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What it takes to secure agriculture loans in Nigeria

  Agricultural development has been a matter of serious concern to the Nigerian government. The need to augment the country’s domestic products through agriculture thus cannot be overemphasized. Many countries in the world have developed their economy to enviable degrees by cultivating lands and monetizing the products. This puts a challenge to Nigeria year after […]

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HOW TO FIND AGRICULTURE LOANS IN NIGERIA

  Agriculture loans in Nigeria are loans meant for a wide range of agricultural and farming purposes. Farmers are supposed to apply for loans to buy supplies for the cultivation of food grain crops along with other purposes such as horticulture, animal husbandry, aquaculture, and floriculture and sericulture businesses. Others purchases for which agricultural loans can be […]

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HOW TO ACCESS BANK OF AGRICULTURE LOANS

  Bank of Agriculture (BOA) Limited is Nigeria’s premier Agricultural and Rural Development Finance Institution. 100% wholly owned by the Federal Government of Nigeria. The ownership structure is: – Central Bank of Nigeria (CBN) 40% Federal Ministry of Finance Incorporated 60%. Bank of Agriculture Limited is being supervised by Federal Ministry of Agriculture & also […]

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Agricultural Grants in Nigeria

  Agriculture has been identified as the largest employer of labor in Africa, particularly Nigeria. A lot of analysts called this sector a gold mine, waiting to be fully explored. The available land for farming activities in Nigeria is simply overwhelming. A recent report revealed that Nigeria has about 84 million hectares of arable land, […]

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Top 5 Commercial Banks that Nigerians SMEs can borrow loans from

First Bank First Bank has been in operation for centuries (it was established in 1894) and has since engaged in several dealings both on the local and global front. While there may be a perception that First Bank doesn’t have time to pursue potential clients, they offer lots of benefits for SMEs. There are three ways in which […]

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STERLING BANK LOANS

Sterling Quick Loan With the Sterling Quick Loan, you can quickly meet those urgent personal needs. It is available to current account holders with regular monthly income. Features Maximum tenor of 12 months Competitive pricing No equity contribution Requirements Hand written application letter Duly executed consumer Loan application form Minimum of three months active banking relationship […]

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TOP 10 ONLINE LENDING PLATFORMS FOR SMALL BUSINESS LOANS IN NIGERIA

LYDIA.CO Lidya is an online platform that provides businesses access to finance. The platform offers small and medium-sized businesses unsecured loans of between $500 and $15,000. According to the founders, “Lidya uses technology and algorithms to assess the risk before granting the loans, it allows them to offer financial products to these customers at a low […]

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List of Commercial Banks in Nigeria

  A commercial bank basically is any authorized financial institution, authorized by a governing body (for instance Central Bank of Nigeria) to accept money in forms of deposits and also lend money to individuals. In this post, I’ll be listing the complete names of commercial banks authorized by CBN in Nigeria. Are you in search […]

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3 Nigerian Bank That Will Give You a Loan Without Collateral

  Many individuals and businesses have great ideas for new and expansionist business ideas, but they are often incapable of turning their ideas into realities. The major reason which often kills the dreams of Nigerian entrepreneurs is their inability to meet the often stringent requirements of obtaining a bank loan. However, the fact remains that […]

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