Business & Loans
How To Easily Apply For CBN’s Loan (100 for 100 Policy)
How To Easily Apply For CBN’s Loan (100 for 100 Policy)
If you are a Nigerian entrepreneur looking to get funding for your existing businesses or start-ups and your business aligns with the CBN’s objective to stimulate the economy, then you can apply for this loan as we walk you through the procedure on how to apply.
This scheme kick-started on November 1, 2021, with the aim of selecting 100 private sector companies with projects that have the potential to significantly boost local productivity and the foreign exchange generating capacity of Nigeria.
You may also want to read How To Easily Access Loans from CBN’s Anchor Borrowers’ Programme
As an applicant, what you should have in mind is that Apex bank has limited the loan to N5 billion. Although, applications above N5 billion may be considered subject to the approval of CBN.
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