Reviews
Business Loans Updated: 14. 04. 2026

AB Microfinance Bank Loans – review 2026

4,0 / 5

AB Microfinance Bank Nigeria is a subsidiary of Access Holding (formerly AccessHolding) and is regulated by the Central Bank of Nigeria. The bank specialises in providing microfinance credit to small and medium enterprises, traders and self-employed individuals.

Pros

  • Specialist SME lender with deep expertise in microfinance lending
  • Business loans structured around trading cycles and seasonal cash flows
  • Available to businesses operating in informal sectors without formal accounts
  • Part of the international AccessHolding microfinance group
  • Loans for both working capital and equipment/asset financing

Cons

  • Annual interest rates significantly higher than commercial bank business loans
  • Collateral or third-party guarantor typically required for larger amounts
  • Longer processing time of 48 to 72 hours
  • Maximum loan amount of ₦3,000,000 may be insufficient for growth-stage businesses
  • Branch presence concentrated in urban and semi-urban locations

Requirements

  • Evidence of active business operation (minimum 6 months)
  • Valid government-issued ID
  • Proof of residence
  • Two guarantors or acceptable collateral
  • Basic banking record or statement

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.