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My SME Capital

This is a working capital and asset finance loan for business owners of small and medium scale enterprise.

Features
  • 4% interest rate @ reducing balance
  • 1% Admin fees
  • Access to loan of up to N10,000,000.00
  • Commitment fee of 1%
  • Insured loan of 1%.
  • Loan backed by collateral
  • Tenure up to 2 years
Benefits
  • Working capital and asset loan for SME operators
  • Monthly repayment plan
  • Competitive interest rate
  • Easy loan procedure
  • Opportunity to grow business with Accion MfB
Requirements
  • Prove of business ownership and experience of upto 24 months
  • Account opening required
  • Viable business
  • Guarantor
  • And any other document that might be requested for by Accion MfB