The Non-Interest Targeted Credit Facility (TCF) is a stimulus package to support households and Micro, Small, and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic. It is a non-interest term facility targeted at small businesses for the financing of key assets for their businesses.
The financing limit is N2,500,000.00 for a tenure of 3 years with 6 months moratorium (a moratorium is a grace period of granted to the customer by the Bank to postpone the payment).
READ: CBN Covid-19 Loan Application
How to Begin Your Application
Click on an option below to proceed:
>>>APPLY FOR HOUSEHOLD FACILITY [NON INTEREST]
>>> APPLY FOR SME FACILITY (NON INTEREST)