SME Capital Loan
This is a working capital and asset finance loan for business owners of small and medium scale enterprise.
Features & Benefits
- 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
- 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
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