FG BOI MSME Intervention Loan Application Form Portal Login for online registration 2024. The Bank of Industry through the Federal Government N75 Billion MSMEs Intervention Program is for finance Micro, Small, and Medium Enterprises (MSMEs) who will get N1 million to support their businesses across all the States.
The BOI loan Application portal for online registration has open and the closing date is not yet specified. The Aims of the Program are:
- Reduce Production Costs.
- Job Creation
- Boost Agricultural Productivity
- Support Business Growth
- Enhance Household Welfare
- Drive Economic Growth
FG BOI MSME Intervention Loan Application Requirements
- Business Must be registered with Corporate Affairs Commission (CAC). Sole Proprietorships, Partnerships, Enterprises and Limited Liability Companies. etc.
- Existing and Start-up businesses are all eligible to apply.
The following documents are required to qualify for the loan.
- Existing Business:
- Registration certificate/documents.
- Basic book keeping/business records.
- Start-up Business
- CAC business registration certificate/documents.
Process of Securing FG/BOI N75 Billion MSME Intervention Loan:
- Submit Application
- Document Verification
- Loan Approval
- Disbursement
How to Apply/Register for FG BOI MSME Intervention Loan 2024
- Login to FG BOI MSME Intervention Loan portal: https://fgnboimsmeinterventionloan.boi.ng/
- Sign up with your personal and business information.
- Click on Submit.
Your FG BOI MSME Intervention Loan Registration is now complete.
NOTE: The BOI MSME Intervention Loan application is completely free of charge and you are not supposed to apply for the BOI MSME Intervention Loan programme twice. If you do so, you may be disqualified.
READ: How to Apply for SMEDAN CGS 50K Grants for Micro Businesses
FG BOI MSME Intervention Loan Amount
Participants in the Federal Government through Bank of Industry for for finance Micro, Small, and Medium Enterprises (MSMEs) will get a maximum loan amount of N1 million and beneficiaries are to repaid their loan within a 3 years period. The Moratorium for the loan is 3 Months after the disbursement.