Emrixx:
Please continue
I'm interested in this lecture

jameshow:


I will still like to hear from more people before I can continue but I value you. You can use that number to reach me for more info. I don't charge until we both convince that you will get the support from the Bank

jameshow:
BOI is still in the business of providing financial support to serious minded MSMEs, SMEs and LEs operating within the country.

Below are the reasons why many businesses especially MSMEs failed to successfully access well structured BOI loan even after several attempts while they come back to say BOI don't give out loan as being advertised publicly:

Note:

BOI is not a commercial bank that give you loan without any serious documentation or a loan at a killing interest rate that could eventually kill your business. It is a Developmental Financial Institution that give your business financial support with moratorium to enable you stand firm. Their belief is that the project which you took the loan for must be the one to pay back the loan.

let move on now, I will like to focus more on MSMEs and SMEs because I believe most LEs have major required documents.

Here are the reasons:

1. The business owners' inability to determine
what the business actually need.

Many business owners will just approach the bank(BOI) for loan when they not even sure if they actually need the loan or not. Many don't even know the type of business the bank can support and the one they don't support but when they are rejected they will be complaining.

Its not a mistake to say that what some businesses need to thrive in this country is not access to capital. Some actually have access to fund but still fail, they need business consultant who can guide and professionally advise them to determine what next for the business to move on. In this case, BOI has consultants who can guide and also help in securing financial support from BOI after it has been ascertained by the consultant and agreed by the business owner that they actually need financial support.

(I won't charge you a dime for this advisory services until we conclude and agreed by both parties that you actually need the fund and also fit to meet other requirements)


2. Negligence to records keeping.

You will agree with me that an average Nigerian don't take things seriously until is being needed or when chips are down. As a matter of fact that's what brought us to where we are today on this Covid 19 issue. If the FG has shut down the air and land borders on time we wouldn't av been so hit like this. So as our Nigerian business men and women, we don't pay attention to documentation. Today in Nigeria, many businesses are operating without registration with CAC or having any documents that record their daily sales or transactions. With this kind of structure, how can such a businesses successfully access a well structured, documents oriented and easy repayment loan like that of BOI? Such individuals or businesses will be frustrated and ends up saying BOI don't give out loan or is difficult to access. The question now is, did you or your business meets the required conditions?

There are other reasons which i will share here when I see people response to what have shared.

For further enquiry

contact 07088809305

jameshow:
BOI is still in the business of providing financial support to serious minded MSMEs, SMEs and LEs operating within the country.

Below are the reasons why many businesses especially MSMEs failed to successfully access well structured BOI loan even after several attempts while they come back to say BOI don't give out loan as being advertised publicly:

Note:

BOI is not a commercial bank that give you loan without any serious documentation or a loan at a killing interest rate that could eventually kill your business. It is a Developmental Financial Institution that give your business financial support with moratorium to enable you stand firm. Their belief is that the project which you took the loan for must be the one to pay back the loan.

let move on now, I will like to focus more on MSMEs and SMEs because I believe most LEs have major required documents.

Here are the reasons:

1. The business owners' inability to determine
what the business actually need.

Many business owners will just approach the bank(BOI) for loan when they not even sure if they actually need the loan or not. Many don't even know the type of business the bank can support and the one they don't support but when they are rejected they will be complaining.

Its not a mistake to say that what some businesses need to thrive in this country is not access to capital. Some actually have access to fund but still fail, they need business consultant who can guide and professionally advise them to determine what next for the business to move on. In this case, BOI has consultants who can guide and also help in securing financial support from BOI after it has been ascertained by the consultant and agreed by the business owner that they actually need financial support.

(I won't charge you a dime for this advisory services until we conclude and agreed by both parties that you actually need the fund and also fit to meet other requirements)


2. Negligence to records keeping.

You will agree with me that an average Nigerian don't take things seriously until is being needed or when chips are down. As a matter of fact that's what brought us to where we are today on this Covid 19 issue. If the FG has shut down the air and land borders on time we wouldn't av been so hit like this. So as our Nigerian business men and women, we don't pay attention to documentation. Today in Nigeria, many businesses are operating without registration with CAC or having any documents that record their daily sales or transactions. With this kind of structure, how can such a businesses successfully access a well structured, documents oriented and easy repayment loan like that of BOI? Such individuals or businesses will be frustrated and ends up saying BOI don't give out loan or is difficult to access. The question now is, did you or your business meets the required conditions?

There are other reasons which i will share here when I see people response to what have shared.

For further enquiry

contact 07088809305

Thank you sir, I appreciate you for this mind blowing post, pls I need assistance on how to get this loan.

Tinamama:
Pls continue,l am highly interested in your lecture

jayaim:
Oga, me & u know. Even if u meet the criteria, it won't be givin to u. Am taking from experience, paddy paddy connection is involved. I have applied they just eat our money. A reputable government firm in Abj stood for us.

aliamimar:
Please continue, we are following.

espirito:
Bro please continue, this is top quality content.

samshoz:
Sir, what about those of us doing small backyard livestock farming as part time biz and want to expand, any hope for us?

jameshow:


it depends on what u want to do, what u want to buy and if u have registered ur business with CAC.

If you have not registered, it is advisable to register an enterprise for such purpose instead of limited. Thanks

samshoz:


I have not registered. How much to register? Your number is not on WhatsApp?

Would get some rabbit stock, make some cages, get their feed and some medication for them.

joinnow:
For a startup biz is there any hope or is it only existing biz?

samshoz:


I have not registered. How much to register? Your number is not on WhatsApp?

Would get some rabbit stock, make some cages, get their feed and some medication for them.

jameshow:


try and register first and make sure its an enterprise

samshoz:


How much is it to register as an Enterprise, duration and what's the process sir?

jameshow:

That's not my area of expertise, just Google CAC site for more info

jameshow:

That's not my area of expertise, just Google CAC site for more info

samshoz:


How much is it to register as an Enterprise, duration and what's the process sir?

adescopy:
I can do that for you if you like. Check my signature for my number