SMEDAN LOAN PORTAL–Apply Online for Matching Fund Loan

SMEDAN LOAN PROTAL OPEN.

 The SMEDAN Loan Portal invites applications for the SMEDAN BOA Matching Fund Loan, aimed at supporting the Nigerian government’s poverty alleviation and small business expansion initiatives

This loan is designed to help the Nigerian government combat poverty and elevate small businesses to standard enterprises

Get information on the Matching Fund Program (MSEs Loan) application form, requirements, and the application process for the SMEDAN BOA Matching Fund Loan

Apply now for the BOA-SMEDAN Comprehensive Small Business (MSE) Program, but remember, you need a SMEDAN Unique Identification Number. Sign up with SMEDAN to obtain your Unique Number and proceed with your loan application

Loan amount

N1.2 million

N5 million mainly on business-friendly terms

SMEDAN BENEFITS

The Matching Fund Program helps small businesses in Nigeria grow. It gives money to small businesses, helping them produce more, be more competitive, and create jobs, which is good for Nigeria’s economy.

The Bank of Agriculture Ltd is in charge of giving out this money. The main focus is on small businesses that make unique products and are popular in Nigeria. These businesses need more money to grow.

THE BENEFITS OF THIS PROGRAM INCLUDE:

1. Getting loans easily and at a good rate

2. Helping businesses grow and create more jobs

3. Making businesses more

4. Making businesses more competitive

5. Encouraging businesses to make new and improved products

To be eligible, a business must be officially registered and have a clear plan for what they want to do. They need to apply by explaining their business goals, financial needs, and how they will make an impact.

This program is important because it helps small businesses in Nigeria reach their full potential, which helps the country’s economy grow. It offers financial support and encourages innovation

NOTE:

To qualify for the free ongoing MSEs Business Loan, check out the requirements 

REQUIREMENTS 

1. SMEDAN Unique Identification Number: This is a unique identification number provided by the Small and Medium Enterprises Development Agency of Nigeria and is used to identify and track registered businesses in Nigeria. To obtain your Unique Identification Number, you need to register your business with SMEDAN.

2. CAC Registration Number: The Corporate Affairs Commission (CAC) registration number is a unique identifier for businesses in Nigeria. It signifies that your business is officially registered with the CAC, which is a legal requirement for operating a business in the country. To obtain your CAC registration number, you must complete the registration process with the CAC.

3. Tax Identification Number (TIN): The Tax Identification Number (TIN) is a unique number issued by the Federal Inland Revenue Service (FIRSBusinesses and individuals must haveiduals to have a TIN for tax purposes. You can apply for a TIN through the FIRS.

4. NAFDAC Registration Number for Packaged Food Products: The National Agency for Food and Drug Administration and Control (NAFDAC) registration number is required specifically for businesses that produce and package food products in Nigeria. It ensures that your food products meet the necessary regulatory standards for safety and quality. To obtain a NAFDAC registration number for your packaged food products

you must go through the registration process with NAFDAC.

To apply for the Loan Program, follow these simple steps:

Visit the SMEDAN registration portal by clicking on the link 👉 https://smedan.gov.ng Navigate to the official SMEDAN website.

Locate the program icon: Identify the icon representing the BOA-SMEDAN Loan Program. This icon typically features the program name and logo.

Complete the registration form: Carefully fill out all required details on the registration form. Ensure the information provided is accurate and up-to-date

Registration benefits

Free registration for the loan is currently open. Take advantage of this opportunity to register your business before applying for the BOA-SMEDAN loan program.

ATTENTION!

If your business is not registered yet, and you are looking for services to get it registered,  simply click on the link to connect with the CAC agent, to help you get it done. 👉 https://wa.link/rqnvhj

Click on the link 🔗 to get your business registered.  👉 Ganarious Palace

LOAN AMOUNT:

The loan amount ranges from one million two hundred thousand naira (N1,200,000) to five million naira (N5,000,000).

Eligibility Criteria for BOA-SMEDAN Matching Fund Program

To be eligible for the Matching Fund Program, applicants must meet the following criteria:

Innovative and Productive: The applicant’s business must be innovative and demonstrate the potential to contribute to economic growth and job creation.