Business Expansion Loans

Long-term financing solutions to help your business reach its full potential

Finance Your Business Growth

Our Business Expansion Loans provide substantial capital for significant growth initiatives. These loans are designed for established businesses looking to scale their operations, open new locations, or enter new markets.

With flexible terms and competitive rates, we help you access the funding you need while maintaining healthy cash flow for your day-to-day operations.

Loan Amounts

₦5,000,000 - ₦50,000,000

Term Length

2 - 5 years

Interest Rate

From 18% annually

Processing Time

1 - 2 weeks

Business Expansion

Loan Features

Flexible Financing

Loan amounts tailored to your expansion needs, with options ranging from ₦5 million to ₦50 million.

Extended Terms

Long repayment periods of 2 to 5 years, giving your business ample time to generate returns on your investment.

Structured Repayments

Customized repayment schedules aligned with your business's cash flow patterns.

Eligibility Requirements

  • Business Maturity: Your business must have been operational for at least 2 years.

  • Profitability: Demonstrated track record of profitability for at least the past 12 months.

  • Business Documentation: Valid business registration, tax clearance, and audited financial statements.

  • Expansion Plan: Detailed business plan outlining expansion strategy and projected returns.

  • Management Team: Strong management team with relevant industry experience.

Ready to take your business to the next level? Apply today and our team will guide you through the process.

Start Your Application

Frequently Asked Questions

How long does the application process take?

The application process typically takes 1-2 weeks from submission to approval. Our team conducts a thorough review of your business financials and expansion plans to ensure we offer the most suitable financing option.

Can I pay off my loan early?

Yes, you can pay off your loan early without any prepayment penalties. Early repayment can help reduce the total interest paid over the life of the loan.

What kind of collateral is required?

We offer both secured and unsecured business expansion loans. For larger loan amounts, we may require collateral such as property, equipment, or other business assets. Our team will discuss the options with you during the application process.

How are the funds disbursed?

Upon approval, funds are typically disbursed directly to your business bank account within 2-3 business days. For larger loan amounts, we may structure the disbursement in phases aligned with your expansion milestones.

Ready to Grow Your Business?

Apply for a Business Expansion Loan today and take the next step toward achieving your business growth objectives.