Dear Small Business Owner,

Do You Need A Quick Loan Of N4m?

Are you a small business owner? Do you need a quick loan to run your business?

Renmoney, a leading financial technology lending company, is willing, ready and able to advance N4,000,000 to your business at a single-digit rate of two (2) percent.

The Chief Executive Officer of Renmoney, Oluwatobi Boshoro, says: “We have tested and iterated this product extensively for almost six months, reviewed over thirty thousand applications and issued over six thousand loans. We are convinced that this product will go a long way in making financial inclusion meaningful for business owners.”

If your business needs N4,000,000, if your business has a good income history, if your business can part with a fraction of its earnings as monthly repayments, try Renmoney at www.renmoney.com.

Please feel free to let us know of your experience with Renmoney or need assistance as you try to access this facility. You can reach us at info@smefinance.org

How You Can Access Loans From Development Bank of Nigeria

The Development Bank of Nigeria (DBN) was licensed by the Central Bank of Nigeria (CBN) as a wholesale development finance institution, to lend wholesale to microfinance banks and deposit money banks, for on-lending of medium to long-term money to Micro, Small and Medium Enterprises (MSMEs).

With a capital base of N100 billion and $1.5 billion from development partners, DBN is uniquely positioned to make a significant contribution to the Nigerian funding ecosystem. Its loans are targeted at small business owners, farmers and traders, and has on-going lending activities in agriculture, trade and commerce, education and real estate.

However, not many Small Business Owners know the modalities for accessing credit from the bank. The bank’s Managing Director, Tony Okpanachi, is responding by counselling MSME owners on how to access funds from the bank.
Speaking at the SMEs Clinic in Lokoja, Kogi State, Okpanachi said that, being a development finance institution, its funds can only be accessed through commercial banks, microfinance banks and other licensed financial institutions.

Okpanachi says: click here to continue reading

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