Jaiz Bank Micro, Small and Medium Enterprises (MSME’s) Business Loan Application Form

Jaiz Bank is offering Micro, Small and Medium Enterprises (MSME’s) financing Business Loan for Interested Business Men and Women in Nigeria. This post will help you to register and open account with Jaiz Bank to obtain a loan. See steps to apply and link to apply online.

Are you interested about Jaiz Bank Micro, Small and Medium Enterprises (MSME’s) financing Business Loan? Opportunity is here for you to apply and register online to boost your business.

Introduction

The Micro, Small and Medium Enterprises (MSME’s) are crucial to the development of a country’s economy, especially an emerging economy like Nigeria. Research have shown that the growth of MSMES is sine qua non to national development, poverty eradication and employment generation.

Things that are necessary before you can obtains Jaiz Bank MSME Business Loan

• The business must be in existence for at least one (1) year
• The business must have a very good cash flow and turn over
• The business should be registered with CAC (optional but strongly recommended)
• The business must have an account with the Bank
• The business must have run the account for atleast 3 months

Requirements/Eligibility for Jaiz Bank Micro, Small and Medium Enterprises (MSME’s) financing Business Loan

1. Items/Product to be financed must relate to the core business of the customer
2. Satisfactory profitability history
3. Business must have spent a minimum of 6 months in a licensed/registered/approved business premises.
4. Membership of relevant association/cooperative/union etc (if any)
5. Existing, Credible and Verifiable Customer base
6. Reliable Financial bank statement or records for atleast 6 months
7. Favorable credit reports from relevant Institutions

General Requirements for Jaiz Bank MSME Business Loan Application Form

1. Customers application
2. Comprehensive Profile of the Business/Owners
3. 12 months statement of account (where available)
4. Current Certificate/License/Permit or Membership (where applicable)
5. Cash flow projection with verifiable notes/assumptions
6. Payment plan
7. Any other supporting documents to affirm the request

How to apply for Jaiz Bank MSME Business Loan

To apply online, visit Official Website here