Requirements for SMEs to obtain Loan Facility
- Participants must have a bankable business plan for expansion of an existing business or a start-up business that has a fully laid-out plan and only requires capital funding
- Participants must have a clearly defined payment viability plan
- Participants must be able to demonstrate and clearly present/pitch his/her business model
- Participants’ business must be the type that can drive sustainable growth for the Nigerian economy. Preferences will be given to businesses in the Agricultural, Agro-processing, Food, Science, Technology, Engineering, Infrastructure and Service sectors.
To get a BoI Loan, Participants should please make reference to the BoI website for further details. Please click on the following link and select your category: http://www.boi.ng/loan-application-checklist/