by SMEDAN and Sterling Bank
The SMEDAN x Sterling Bank DataBanc MSME Fund provides data-backed working capital loans to Nigerian MSMEs using business transaction data as a basis for credit assessment — reducing the need for traditional collateral. The ₦5 billion fund is accessible through Sterling Bank branches and digital channels. Designed for businesses with consistent revenue records.
Financing facility offering single-digit interest loans to MSMEs. ₦5 billion fund designed to provide affordable credit for micro, small and medium enterprises.
MSMEs