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First Bank SME Loan
First Bank of Nigeria provides SME loan products to small and medium enterprises, covering working capital, equipment finance and trade finance. First Bank has one of the largest branch networks in Nigeria, making its SME lending accessible across all 36 states.
Conditions summary
| Loan amount | ₦500,000 – ₦20,000,000 |
|---|---|
| Interest rate (p.a.) | 20.00 % – 30.00 % |
| Repayment term | 6 – 48 months |
| Approval | 2 weeks |
| Type | Online |
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