This post was originally published on this site.
NACCIMA has launched an application portal for a $150m financing facility in partnership with German banking group ODDO BHF SELoans start from $10m at single-digit interest rates with repayment periods of at least 7.5 years across 17 eligible sectorsBusinesses must meet strict eligibility criteria including three years of audited financials and membership of a recognised private sector body
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has opened a dedicated online portal for Nigerian businesses to apply for a $150 million offshore financing facility aimed at supporting long-term business expansion.
The facility was developed in partnership with German banking group ODDO BHF SE.
Nigerian businesses to access $150 million in funding via NACCIMA. Credit: LifestyleVisualsSource: Getty Images
Loans under the programme begin at $10 million, carry single-digit interest rates, and come with repayment periods of at least 7.5 years.
NACCIMA announced the opening of applications on its website, with the
