by Bank of Industry
The Bank of Industry provides concessional loans to small and medium manufacturers engaged in light manufacturing, including food processing, packaging, textiles, furniture, plastics, and consumer goods. Designed to support import substitution and local production. Requires CAC, tax clearance, audited accounts, and a detailed business plan.
A financing programme for light manufacturing enterprises. Loans up to ₦10 million are available with asset debenture over equipment as security requirement.
Light manufacturing enterprises; security requirement: asset debenture over equipment