Small Business Loan (SBL)

LAPO-small-business-Loan2

Small Business Loan (SBL) is designed to meet the capital needs of small and medium scale entrepreneurs who require more funds for expansion.


Features

  • Facility range: N50,000 (minimum) to N500,000 (maximum)
  • Methodology: Individual
  • Duration: 1-12 months
  • Grace period: 1 month

Benefits:

  • No collateral
  • Access to funds for business expansion
  • Access to other loan products
  • Flexible repayment structure
  • Training on basic financial management, business planning and customer relations
  • Low interest rate
  • Expert financial advice available