Looking for a credit facility for your business? We’ve got you covered with Titan Trust Bank loan, how to apply and the required documents you need to ensure your application receives expedient attention. The bank might sound extremely new to hundreds of Nigerians, most especially for those who have not been following the banking industry … Read more
The Bank of Industry (BOI) will soon open an application for the disbursement of N50,000 credit facility to 100,000 Micro, Small and Medium Enterprises (MSMEs) in Nigeria. Self-employed artisans are will not be left out as 300,000 of them will also get N30,000 loan which is under the supervision of the Ministry of Industry, Trade … Read more
Since the commencement of the ongoing COVID-19 Targeted Credit Facility (TCF), one of the critical questions some of the prospective applicants ask is: what is the interest rate of the CBN-backed NMFB loan? COVID-19 interest rate: 5%-9% per annum As you know, the credit facility is disbursed to applicants by Nirsal Micro Finance Bank (NMFB), … Read more
If you applied for the CBN-backed COVID-19 loan on the NMFB, you must have noticed that TCF reference number pops up as you input your Bank Verification Number (BVN). The essence of the COVID-19 TCF Reference Number is to properly track your application process or resolve any problem in the course of the application. You … Read more
CitiBank is a global financial institution with its branches across the World including Nigeria where it provides credit facility to businesses. But one thing about CitiBank Nigeria is that its branches are strategically located in a few commercial state capitals. One thing that comes to mind is: How can I get a business loan at … Read more
The official portal for the Central Bank of Nigeria (CBN) COVID-19 targeted credit facility application has reopened for fresh applications. In this post, we’ll share with you the simplest way to submit your application for the COVID-19 credit facility, if your first application wasn’t successful. Who the loan is designed for The credit facility is … Read more
The announcement by Nigeria’s apex bank in 2020 that stimulus package would be given to Nigerians who were affected by the impact of COVID-19 pandemic made NIRSAL Microfinance bank popular among Nigerians Popularly called NMFB, a leading Nigerian financial institution licensed by the Central Bank of Nigeria (CBN), is at the forefront of disbursing loans … Read more
From Monday, February 8 to Sunday, February 14, 2021, we’ve published some of the best loans and funding opportunities on infomedian.com, if you missed any of them, we’ve got you covered by this recap. Starting from SEIFAC loan to what to do if your loan application was rejected and other top trending funding for small … Read more
Are you trying to apply for Survival Fund MSME Guaranteed Offtake Scheme? One of the issues you are likely to encounter is, “user does not have an organisation” The MSME Guaranteed Offtake Scheme gives you a one-time grant of N50,000 provided your company is registered with the Corporate Affairs Commission (CAC). It is one of … Read more
There are more than 10 types of loans offered by Access Bank, but meeting the requirements is one of the major roadblocks to millions of business owners in Nigeria. In this post, we’ll highlight the loans offered by Access Bank and tips on how to know the best loans for you. Interest rate: 13.5% and … Read more