FORGOT YOUR DETAILS?

Special MSME Support Facility

Special Support Facility

This product was lunched to aid Micro, Small and Medium Enterprises (MSME) subsector of the economy. It aims to target Small and Medium Enterprises that needs financing to grow their business.

Conditions for accessing Financing:

  • Maximum financing limit of N500,000 for Micro Enterprises and N50M for SME's
  • Financing rate at 9% P. A
  • Maximum tenor of one year for micro enterprises and five years for SMEs
  • Option for moratorium available based on business needs,
  • Entrepreneurship Certificate from approve Training Institutions
  • Flexible Collateral

For further enquiries on any of our products and services kindly contact us on 07007730000 or email us: [email protected]

Related Products

Working Capital Financing (Murabaha)

This is a convenient way of financing the working capital requirement of businesses. This product is used to finance the purchase of inventory...

Project Financing/ Construction (Istisna')

Under this contract, the Customer will request and the Bank will agree to construct and to sell the project to be constructed at the Bank's selling...

Lease to Own Finance (Ijara wa Iqtina)

This is a banking facility based on the contract of Ijarah wa Iqtina which allows you to hire and subsequently purchase assets from the Bank...

Jaiz Ijara Service Corporate

The Jaiz Ijara service is designed to augments the company’s working capital to pay for salaries, professional services, labor and travels. Under Ijara Service the bank...
TOP