by Bank of Industry
The BOI SME Intervention Fund provides working capital loans of up to ₦50m to Nigerian SMEs at a 9% p.a. interest rate. Eligible businesses must have been operating for at least 2 years, hold a valid CAC registration, and demonstrate a viable business plan. Applications are submitted online via the BOI portal.
CAC registered. Minimum 2 years operating. Valid tax clearance. Audited accounts for 2 years.