4 results for “smes”
Cascador and Sterling Bank have launched a $200 million SME Credit Backstop Fund designed to unlock credit for startups and small businesses that struggle to borrow.
Nigeria's central bank has delivered its largest-ever cut to the benchmark rate. The question now is whether banks will pass it on to the businesses and households that need affordable credit.
New scoring models are widening access, though questions over pricing remain.
At least 30 percent of the sovereign-guaranteed funding is expected to support Nigerian small and medium-sized enterprises.