Amidst the credit crunch that has become the fate of Small Business Owners, a financial technology company is offering small businesses quick loans of up to N4,000,000.

Who are they and would you need to do to qualify for this line of credit?

The Development Bank of Nigeria (DBN), with a capital base of N100 billion and $1.5 billion from development partners, advances loans to small business owners, farmers and traders, and has on-going lending activities in agriculture, trade and commerce, education and real estate.

However, this development finance institution only receives loan applications through intermediary financial institutions. You will be interested in knowing the modalities and requirements for accessing credit from DBN.

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