Have you been looking for an opportunity to sponsor your business or get a loan to sponsor your business ideas? Then these post is for you.
The news around these creative industry loan by CBN is that it is only accessible to the following businesses in Nigeria;
- Software Engineering
- Information Technology
- Movie productions
- Movie distribution and
How much is targeted at each business is listed below;
The apex bank stated, “Software engineering student can get a loan of up to N3m, N30m for movie production business, N500m for movie distribution business, cover your rental/service fees for fashion and Information Technology business, cover your training fees, equipment fees, and rental/service fees for music business.”
How do I register for cbn creative industrial loan.
For you to have a chance to claim the loan services offered by the Apex bank, all you have to do is submit your application to your bank and ones it has been approved, you will be contacted.
Interest rate for CBN creative industrial loan:
It is best you know the the loan service attracts maximum interest rate of 9% per annum.