The application portal is now open. The Non-Interest Facilities to SMEs will assist you in the process of building a business or expanding an existing business and maintaining your lifestyle.
The Non-Interest Targeted Credit Facility (TCF) SMEs is a stimulus package to support 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 granted to the customer by the Bank to postpone the payment).
To Apply for this Scheme: Visit : http://nibloans.nmfb.com.ng/agsmeisnoninterestlending