Secure SMEDAN ₦500,000 – ₦2.5M Matching Funds via Sterling Bank

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It is very simple to obtain SMEDAN’s $500,000-$2.5 million matching funds. Since that time, the federal government has supported small and medium-sized businesses in several ways.

On Saturday, December 10, Mr. Olawale Fasanya, the new director general of SMEDAN, announced while outlining his strategy for MSME development in Nigeria.

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Apply for SMEDAN Sterling Bank Matching Fund 2023 Now! 

REQUIREMENTS

Target Beneficiaries: Nano, Micro, and Small Enterprises (NMSEs) that operate in the real sector and produce agricultural goods with value-added are the program’s intended beneficiaries.

Potential beneficiaries may apply for financing between N500,000 and N2.5 million under the program’s available financing options.

The interest rate applicable to all financing under this program shall not exceed a single digit per annum.

Beginning on the date of the first disbursement, the financing tenor is for a maximum of 30 months. This also includes a moratorium, which, depending on the type of business, can last anywhere from three to six months.

Apply for the MEDAN ₦500,000 – ₦2.5M Matching Funds Now!

Applicants can >>Apply HERE<<

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