Apply for the 2020 Enugu SME Business Support Loan, No Co-signers, No Collateral, No Guarantors
ENUGU SME BUSINESS SUPPORT LOAN
Get access to a Business Support loan from our partners Lidya®, and fulfil your business plans
- No Co-signers
- No Collateral
- No Guarantors
The Enugu State Government, through its SME Center, is offering collateral-free business loans to SMEs in the state. This SME Business Support Loan is being made available in collaboration with Lidya, a digital bank.
The Enugu SME Center was set up to drive enterprise growth and job creation, and spur widespread economic development in the state. It initiates capacity-building projects and provides financial support to commercial ventures and investors.
Apply for the 2020 Enugu SME Business Support Loan, No Co-signers, No Collateral, No Guarantors
Loan Details
The loan is a cash advance that’s decided based on the recipient’s 3-month bank statement. Businesses will have to send their 3-month bank statement as a PDF to the loan provider to qualify.
No co-signers or guarantors are needed to apply for the loan.
It is to be repaid within 30 days of being received by the applicant. It’s also renewable every 30 days. Upon timely repayment, the beneficiary can apply for another loan with a longer tenor from Lidya.
The 30-day loan has an interest rate of 3.5%. The amount to be repaid will depend on what’s advised by Lidya.
Eligibility
To qualify for a loan, businesses must:
- Be operational in Enugu State.
- Have a monthly turnover of at least ₦500,000 (proof in bank statement).
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Information Required
- Applicant’s full name, residential and business address.
- CAC Certificate.
- Bank Statement for the last months.
- Tax Identification Number (TIN).
- Copy of a government-issued photo ID (copy).
- Copy of a utility bill.
- Details of next-of-kin (name, relationship, address, phone number).
The Process
- Fill your details in the application portal
- You will be contacted by Lidya for an over-the-phone assessment.
- Submit the documents required by Lidya.
- Receive the loan if your business qualifies.
How to Apply
If you would like to apply for the Enugu State SME Support Service Loan and you have met the requirements, kindly click here to apply
Enugu SME Business Support Loan
Get access to a business loan from our partners Lidya®, and fulfil your business plans.
No Co-signers, No collateral, No Guarantors
These loans are without collateral, without guarantors and co-signers. When approved, the loan is disbursed instantly.
Don’t miss out on this great opportunity to get fund, grow, and support your business.
Please Note*
Lidya® will only contact those that qualify for the loan based on the verification of the information given if/when Lidya® contacts you. All those who meet their terms would be funded. These loans have to be repaid within the given time. There will be penalties if you fail to repay the loan.
If you would like to apply for the Enugu State SME Support Service Loan and you have met the requirements, kindly click here to apply
As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).
Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.
Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.
We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.
Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness