Company in nigeria that can fund a a new business
Here are some companies in Nigeria that can provide funding for a new business:
- Access Bank Plc: Access Bank has a dedicated SME (Small and Medium Enterprise) department that provides funding for new businesses. They offer various loan products, including term loans, overdrafts, and asset-based financing.
- First Bank of Nigeria Limited: First Bank has a SME unit that provides funding for new businesses. They offer various loan products, including term loans, overdrafts, and asset-based financing.
- Guaranty Trust Bank Plc: GTBank has a SME department that provides funding for new businesses. They offer various loan products, including term loans, overdrafts, and asset-based financing.
- United Bank for Africa (UBA) Plc: UBA has a SME department that provides funding for new businesses. They offer various loan products, including term loans, overdrafts, and asset-based financing.
- Fidelity Bank Plc: Fidelity Bank has a SME department that provides funding for new businesses. They offer various loan products, including term loans, overdrafts, and asset-based financing.
- Stanbic IBTC Bank Plc: Stanbic IBTC has a SME department that provides funding for new businesses. They offer various loan products, including term loans, overdrafts, and asset-based financing.
- BOI (Bank of Industry) Limited: BOI is a development bank that provides funding for new businesses, particularly in the manufacturing and agricultural sectors.
- NEXIM Bank: NEXIM Bank is a development bank that provides funding for new businesses, particularly in the non-oil export sector.
- SMEDAN (Small and Medium Enterprise Development Agency of Nigeria): SMEDAN is a government agency that provides funding and support for new businesses, particularly in the SME sector.
- African Development Bank (AfDB): AfDB is a multilateral development bank that provides funding for new businesses, particularly in the areas of infrastructure, agriculture, and manufacturing.
- OPEC Fund for International Development: OPEC Fund is a multilateral development bank that provides funding for new businesses, particularly in the areas of infrastructure, agriculture, and manufacturing.
- Small and Medium Enterprise Equity Investment Scheme (SMEEIS): SMEEIS is a government initiative that provides equity investment for new businesses, particularly in the SME sector.
Please note that these companies may have specific requirements and eligibility criteria for funding, and not all may be suitable for every business. It's essential to research and understand the terms and conditions of each funding option before applying.