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Categories: Finance

FEDERAL LOAN SCHEME 2024: APPLY NOW!

FEDERAL LOAN SCHEME 2024: APPLY NOW!

Get ready for a transformative opportunity with the Federal Government’s Grants and Loans Scheme! If you’re in trading, food service, ICT, transport, creativity, or manufacturing, you’re eligible.

While grants are closed, loans are still available:

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🏢 Start-up (MSMEs) – N500,000 – N1,000,000
🏭 Existing Businesses – N500,000 – N1,000,000
🏗️ Working Capital (Manufacturing) – N500M – N1b
🛠️ Asset Finance – N500M – N1b

Interest rate: 9% | Repayment Tenor: 36 months

Requirements include business details, incorporation certificate, CAC status report, director info, BVN, NIN, and more.

Apply on the official website with all necessary documents. Don’t miss out on this chance for your business to thrive!

Link to apply: https://www.fedgrantandloan.gov.ng/

Remember, the initiative targets empowering women, youth, people with disabilities, and senior citizens.

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