₦airaland Forum

10 Million Naira Business Loan Opportunity By Bank of Industry

Requirements:

* 1 Guarantor
* CAC Registration
* NIN
* BVN
* Business Plan

For more information, visit
https://rapid.boi.ng/faqs.

Closed

We can help you create an impressive and loan-clenching Business Plan.

how much would the business plan cost

pneumaticos:
how much would the business plan cost

It depends on the scope of the business itself which is dependent on the business niche you're going into. Please chat us up on Whatsapp for further details.

Contact us before this opportunity closes.

Gradually, the deadline approaches.

Okay

Though I have done many in the past, which resulted into total waste of time, but would have giving this one a benefit of doubt becaue it looks real but the kind of guarantors they are demanding for is the problem for me. They forgot many of us entrepreneurs started on our own with little or no help from anyone. Where do you expect us hustlers to find that kind of guarantors. This will only give room for elites and politician to hijack the process as usuall and collect everything withiout achieving the purpose in which the money is allocated for.

I can easily find ordinary guarantor but the one with big money backup or company is the problem.

yemmit90:
Though I have done many in the past, which resulted into total waste of time, but would have giving this one a benefit of doubt becaue it looks real but the kind of guarantors they are demanding for is the problem for me. They forgot many of us entrepreneurs started on our own with little or no help from anyone. Where do you expect us hustlers to find that kind of guarantors. This will only give room for elites and politician to hijack the process as usuall and collect everything withiout achieving the purpose in which the money is allocated for.

I can easily find ordinary guarantor but the one with big money backup or company is the problem.

Looks like governmental loan sharks

If you need a guarantor for a loan of 10 million max

The government cannot give that

The advise was to go for 5-8 million

You need documents proofing worth
Which should stsnt at 3x the amouryou want to collect

Any loan above 5 million requires two guarantors which means

They all submit documents which is 9x the amount given by the government

Aside that

You need equity

What if the government ask for the equity and demand that you make a deposit of that...which is usually between 15-35%

For certain reasons
The loan no just make sense