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Home»Loans»Get SMEDAN ₦500,000 – ₦2.5M Matching Funds by Sterling Bank

Get SMEDAN ₦500,000 – ₦2.5M Matching Funds by Sterling Bank

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Getting SMEDAN ₦500,000 – ₦2.5M Matching Funds is very simple. Since then, the federal government has been helping Small and Medium enterprises through various means.

Mr. Olawale Fasanya, the New DG of SMEDAN, made the declaration on Saturday, December 10, when he was speaking on his plan for MSME development in Nigeria.

ONGOING LOAN  APPLICATION
SMEDAN N1.5m LoanAPPLY NOW
Nigerian Youth Investment Fund (NYIF) BeginsAPPLY NOW
N40,000 Free Salary to 774,000 ApplicantsAPPLY NOW
Up to ₦5Million Business Loan for SMEAPPLY NOW
Federal Government Approves ₦75,000 StipendsAPPLY NOW
₦100,000 Felix King Foundation COVID-19 Recovery GrantAPPLY NOW
Up to N25m Loans for Graduate EntrepreneursAPPLY NOW

He stated some of the terms and conditions:

Contents

  • 1 ALSO READ: ₦50k Government Loan Begins – 3,894 Youths To Benefit
  • 2 How to Get SMEDAN ₦500,000 – ₦2.5M Matching Funds

ALSO READ: ₦50k Government Loan Begins – 3,894 Youths To Benefit

  1.  Target Beneficiaries Definition: Target beneficiaries for this Programme shall be Nano, Micro, and Small Enterprises (NMSEs) operating in the real sector with value-added agricultural products.
  2. Financing available under the program: Prospective beneficiaries may apply for financing within the range of N500 Thousand to N2.5 million.
  3. The interest rate applicable to all financing under this program shall not exceed a single digit per annum.
  4. The financing tenor is for a maximum period of 30 months, effective from the date of the first disbursement. This is inclusive of a moratorium (which may vary between 3 – 6 months, depending on the type of enterprise.

How to Get SMEDAN ₦500,000 – ₦2.5M Matching Funds

Interested persons can >>Click Here to Submit Your Application<<

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Previous ArticleHow to Apply for SMEDAN Sterling Bank Matching Fund 2023 Programme 
Next Article FG ₦60,000 SPW Loan – Begins

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