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About Fullrange SME Loan

Big businesses require big loans. The Fullrange Microfinance Bank “SME Loan” is a credit product designed specifically to support Small and Medium Scale Enterprises (SMEs) operators in Nigeria. Irrespective of the sector your enterprise is operating, Fullrange Microfinance Bank is willing to support you with credit facility up to N5,000,000 to expand your enterprise.

At an affordable interest rate, Nigerian SMEs can now maximize their potentials with the SME Loan for the expansion of their businesses.

Features of Fullrange SME Loan

  • Facility amount up to N5,000,000
  • Available to all Registered businesses
  • Duration: 12 months

Benefits

  • Access to funds for your business expansion
  • Flexible repayment structure
  • Training on basic financial management, business planning and customer relations
  • Expert financial advice available when you need it

Fullrange SME Loan - Eligibility

  • Loan application letter
  • Duly completed application form
  • 2 guarantors
  • A valid means of ID (national ID, driver’s license, voter’s card or international passport)
  • Current utility bill
  • 4 recent passport-size photograph
  • Flexible/Agreed collateral
  • Cash flow statements (sales records, bank statements)
  • CAC Documents