Archives Tag: Business Loan
5 Essential Steps After Securing a Business Loan
April 19, 2022
Congratulations! You’ve just taken a significant step in your business journey by securing a much-needed loan. It’s an exciting time, but also one that demands strategic planning and thoughtful execution. In this piece, we’ll walk you through five essential actions to take after receiving a business loan, ensuring you make the most of this … Continue reading 5 Essential Steps After Securing a Business Loan
How to Improve Your Chances of Getting a Business Loan in Nigeria
April 19, 2022
For many businesses, securing a loan is a critical step in the journey to stability and expansion. However, lenders have strict criteria to assess the viability and creditworthiness of borrowers. If you’re going to increase your chances of obtaining a business loan, you’ll need to present yourself as a trustworthy and reliable borrower. This … Continue reading How to Improve Your Chances of Getting a Business Loan in Nigeria
Here’s How to Access the DBN Loan Facility for Small Businesses
April 19, 2022
Officials at the Development Bank of Nigeria say the institution could be disbursing ₦100 billion to small businesses in the country this year. As such, they’re expecting more loan applications from MSMEs in need of funding to scale their operations. Starting in 2017, the DBN has given out loans exceeding N30 billion to over 35,000 … Continue reading Here’s How to Access the DBN Loan Facility for Small Businesses
