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Apply for Up to N10million from BOI and pay back within 3 years

54 Things you must have and take note of before filling the Form of BOI N10 Million Loan RAPID Online Application Form

  • Dayo Adetiloye Business Hub

54 Things you must have and take note of before filling the Form of BOI N10 Million Loan RAPID Online Application Form

Apply for Up to N10million from BOI and pay back within 3 years
Apply for Up to N10million from BOI and pay back within 3 years

The Rural Area Programme on Investment for Development (RAPID) is an initiative by the Bank of Industry (BOI) aimed at fostering sustainable development, job creation and economic empowerment in rural communities throughout Nigeria. It provides financial support, business advisory services, and training programs to rural entrepreneurs, particularly micro, small, and medium enterprises (MSMEs).

The first step is for you to create account on https://rapid.boi.ng/register and now fill the form latter.

Here are the general criteria

Enterprises:

  • Completed RAPID application form available online
  • CAC business registration documents
  • A detailed business plan
  • Bank Verification Number (BVN)
  • National Identification Number (NIN)
  • Proof of residential address
  • Completed guarantor forms
  • Executed Global Standing Instruction (GSI) Mandate
  • Four passport photographs of the Chief Promoter/Director and the Guarantor
  • Valid means of identification (International Passport, Driver’s License, National Identity Card, or Permanent Voter’s Card) of the Chief Promoter/Director and the Guarantor
  • Notarized/Sworn statement of net worth (form issued by BOI)
  • Curriculum Vitae of the Guarantor

Get N10 Million BOI RAPID Loan [How to Collate your Document for the Loan Approval]

Applicant Details

  1. First Name
  2. Middle Name
  3. Last Name
  4. Age
  5. Gender
  6. Bottom of FormAddress
  7. BVN
  8. NIN
  9. Date Of Birth

Business Details

  1. Business Name/Limited liability Name
  2. business Type
  3. Business Or Startup
  4. Registration Number
  5. TIN
  6. Years Operating
  7. Number Of Staff
  8. State
  9. LGA
  10. Business Email
  11. Business Website
  12. Business Address
  13. Any Major Challenges?

 

  1. Name of Chief Promoter (Mr/Mrs/Miss)

Project Cost

  1. Loan Amount ₦
  2. Land Value ₦
  3. Asset Value ₦
  4. Equity to be Injected ₦

Value Propositions

  1. Proposition ( Target Market/Customer) Value ₦

 

  1. Proposition (Social Impact – Employment Generation (Direct & Indirect) Value ₦

 

  1. Proposition ( Foreign Exchange Savings/Export Potential) Value $

SECURITY ARRANGEMENTS

Criteria for a guarantor

  • a. Senior Civil Servant (Level 10 and above) who should not be more than 53 years old and not more than 28 years in service (whichever comes first)
  • b. Bankers (not below the level of Banking Officer) and must have been confirmed by their current employer
  • c. Professionals (i.e. Medical Doctors, Lawyers, Accountants, Engineers, etc.)
  • d. Senior Staff (not less than Assistant Manager) of reputable quoted Companies, International Oil Companies, Telecommunications Companies (GSM providers)
  • e. Business Owners (Businessmen/Businesswomen) with net worth of at least 200% of the loan amount subject to an acceptable credit history and a verification of the businesses at Corporate Affairs Commission
  1. Guarantor Name
  2. Guarantor Organization
  3. Guarantor BVN
  4. Guarantor NIN
  5. Guarantor phone
  6. Guarantor email
  7. Guarantor International Passport
  8. Letter of Intent

Products / Services Rendered

  1. Products
  2. Services

Items to be financed:

  1. Equipment / Spares / Raw Material

         Quantity

         Unit Price ₦            

         Total Price ₦

          Supplier Name

Supplier Account Number

Bank

 

  1. Equipment / Spares / Raw Material

         Quantity

         Unit Price ₦            

         Total Price ₦

          Supplier Name

          Supplier Account Number

          Bank

 

 

  1. Equipment / Spares / Raw Material

         Quantity

         Unit Price ₦            

         Total Price ₦

          Supplier Name

          Supplier Account Number

          Bank

 

 

Bank Accounts

  1. Bank

       Account Number

Files to Upload

  1. CAC Registration
  2. NIN BVN Of the Promoter other Directors
  3. Means of ID
  4. Networth form
  5. Evidence of Assets Owned by Guarantors
  6. Invoices for items to be financed
  7. 1-year bank statement
  8. Your Clear passport photograph
  9. Clear photo of business operations
  10. Cash Flow projection

We can help you write a detailed business plan and a financial cash flow projection to access this loan.

We can also guide you in the application process.

Call or whatsapp us on  08060779290.

 

Read Also: Apply for N10 million Loan from BOI and payback within 3 years

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Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

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

Share this:

Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!

Dayo Adetiloye Logo

Author

Dayo Adetiloye Logo

Lets connect

Facebook Twitter Youtube

Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

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

Share this:

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How-to-join-LiveGood-Multi-Million-Dollar-Business-Opportunity-from-Anywhere-in-the-World
unicaf 3

GI Vital Soft Gel

gi vital softgel
Business plan with AI 2
unicaf scholaship

Follow me on Facebook

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