Lagos state partners BOI, Sterling Bank to launch single-digit, no-collateral loans for SMEs

Lagos Govt, Bank of Industry introduce N10 billion support fund for small businesses in Lagos

The Lagos State Government, in collaboration with the Bank of Industry (BOI), has launched a N10 billion Access to Finance Scheme aimed at empowering Micro, Small, and Medium Enterprises (MSMEs) across the state.   The post Lagos Govt, Bank of Industry introduce N10 billion support fund for small businesses in Lagos   appeared first on Nairametrics.

Lagos state partners BOI, Sterling Bank to launch single-digit, no-collateral loans for SMEs

The general interest rate in commercial banks has made loans prohibitive for small businesses seeking to scale. Lagos state is solving this problem.

LASMECO: Lagos, BOI, Sterling Bank Unveil N10bn Loan Scheme for MSMEs - Tech

The Lagos State Government, in partnership with the Bank of Industry (BOI) and Sterling Bank Plc, has launched a N10 billion loan scheme to provide financial support to Micro, Small, and Medium Enterprises (MSMEs) across the state. Speaking at the signing of the Memorandum of Understanding (MoU) for the Lagos State Access to Finance for SMEs through Cooperatives on Wednesday in Lagos, Olasupo Olusi, managing director of BOI, described the initia…

In Lagos And Not Using These MSME Loan You Are Missing

In Lagos And Not Using These MSME Loan You Are Missing Do you know that the Lagos State government has officially launched the Lagos State Access to Finance for SMEs Through Cooperatives (LASMECO), a pioneering public-private initiative designed to unlock capital for Micro, Small, and Medium Enterprises operating at the grassroots. Well if you don't know, now you know! In partnership with Bank Of Industry Nigeria and Sterling Bank , they’ve cre…