Micro, Small and Medium Enterprises (MSME’s) Business Loan

Jaiz Bank Micro, Small and Medium Enterprises (MSME’s) Business Loan Opportunities

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For interested businessmen and women in Nigeria, Jaiz Bank is giving Micro, Small and Medium Enterprises (MSME) financing business loans. This article will assist you in opening an account with Jaiz Bank and registering for a loan. Check out the links for the application process and steps.

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Are you considering applying for a business loan from Jaiz Bank to finance Micro, Small, and Medium-Sized Enterprises (MSME)? You have the chance to register and apply online to grow your business.

 Jaiz Bank Micro, Small and Medium Enterprises (MSME’s) Business Loan Opportunities

The growth of a nation’s economy, especially an emerging economy like Nigeria, depends on the Micro, Small and Medium Enterprises (MSME’s). According to research, the expansion of MSMES is essential for national development, the eradication of poverty, and the creation of jobs.

Things you must have in order to gain MSME Business Loan from Jaiz Bank

  • The business must be in existence for at least one (1) year
  • The business must have a very good cash flow and turn over
  • The business should be registered with CAC (optional but strongly recommended)
  • The business must have an account with the Bank
  • The business must have run the account for atleast 3 months

Requirements/Eligibility for Jaiz Bank Micro, Small and Medium Enterprises (MSME’s) financing Business Loan

  1. Items/Product to be financed must relate to the core business of the customer
  2. Satisfactory profitability history
  3. Business must have spent a minimum of 6 months in a licensed/registered/approved business premises.
  4. Membership of relevant association/cooperative/union etc (if any)
  5. Existing, Credible and Verifiable Customer base
  6. Reliable Financial bank statement or records for atleast 6 months
  7. Favorable credit reports from relevant Institutions

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7 Requirements for Jaiz Bank MSME Business Loan Application Form

  1. Customers application
  2. Comprehensive Profile of the Business/Owners
  3. 12 months statement of account (where available)
  4. Current Certificate/License/Permit or Membership (where applicable)
  5. Cash flow projection with verifiable notes/assumptions
  6. Payment plan
  7. Any other supporting documents to affirm the request

Procedure to apply for Jaiz Bank MSME Business Loan

To apply online, visit Official Website here

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