Business Startup Loans from Development Bank of Nigeria

Business Startup Loans from Development Bank of Nigeria is currently on going. As a matter of facts, the Development Bank of Nigeria exists to alleviate financing constraints faced by Micro, Small and Medium Scale Enterprises (MSMEs) and small corporate in Nigeria. Furthermore, this is done through providing financing, partial credit guarantees and technical assistance to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.

Free SMEs Business Startup Loans from Development Bank of Nigeria

As a matter of facts, the SMEs Free Business Loan from Development Bank of Nigeria (DBN) Is For All, As long as you are in the business. In Nigeria, there are over 37 million MSMES contributing to over 50% of Nigeria’s GDP. However, less than 5% of these businesses have access to credit in the financial system.

MSMEs in Nigeria play a crucial role in economic growth, poverty reduction, employment creation, and shared wealth creation. DBN will play a focal and catalytic role in providing funding and risk-sharing facilities. It will also incentivise financial institutions, predominantly Deposit-Money and Microfinance Banks, by augmenting their capacity and by providing them with funding facilities designed to meet the needs of these smaller clients.

Who qualifies for the DBN loan?

All MSMEs (start up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions.
Firstly, DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.
DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs) and other Financial Institutions.
Lastly, DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis.

NOTE: Please note that for you to access the loan, your bank listed below must have met the minimum eligibility requirements set out here on the Cut-Off Date. The PFI shall maintain the minimum eligibility requirements throughout the Financing Period.
Also note that you can get loan directly from DBN except through PFI.

How to get a DBN Loan

Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan.
The Bank appraises the business and loan purpose, and if its assessment is favourable, the Bank applies to DBN for funding.
If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.

You can access the DBN loan through any of these PFIs by contacting any of the banks listed below:

Access Bank Plc	SMESupport@accessbankplc.com, Womenbankingteam@accessbankplc.com
Ecobank Nigeria Bank Plc	Nelson Paseda – NPASEDA@ecobank.com LAWAL Theresa – TOLAWAL@ecobank.com
Fidelity Bank Plc	Osaigbovo Omorogbe – osaigbovo.omorogbe@fidelitybank.ng
FCMB Ltd	Oluwaseun Adetiba – Oluwaseun.Adetiba@fcmb.com Oluremi Agboola – Oluremi.Agboola@fcmb.com
GTBank	Femi Nedd – femi.nedd@gtbank.com
UBA Plc	Adegoke Bayo – bayo.adegoke@ubagroup.com
Wema Bank Plc	Kolawole Ogunleye – Kolawole.ogunleye@wemabank.com SMEhelpdesk@wemabank.com
AB Microfinance Bank Nigeria Ltd	Nnadozie Joseph – nnadozie.ohaji@ab-mfbnigeria.com
Addosser Microfinance Bank	Olusola Howells – howells.olusola@addosser.com
Baobab Microfinance Bank	Achenyo Oyibo – aoyibo@baobab.bz
Bosak Microfinance Bank	Toyin Peters – toyinpeters@bosakmfb.com
HASAL Microfinance Bank	info@hasalmfb.com, strategydev@hasalmfb.com
Infinity Microfinance Bank Ltd	Oludotun Adewunmi – g.adewunmi@infinitymfb.com
LAPO Microfinance Bank Ltd	Efosa Aigbe – efosa.aigbe@lapo-nigeria.org
Mainstreet Microfinance Bank Ltd	Adegoke E. Adegbami – aadegbami@mainstreetmfb.com, hsule@mainstreetmfb.com
Microcred Microfinance Bank Ltd	Omar Niaz – oniaz@microcred.com
NPF Microfinance Bank Plc	Jude Ohanehi – jeco0072000@yahoo.co.uk
Parallex Microfinance Bank	abimbola.akande@parallexbank.com, femi.otenigbagbe@parallexbank.com
Seedvest Microfinance Bank	Kehinde Oyeleke – kehinde.oyeleke@seedvestgroup.com, oyelek@yahoo.com

Furthermore, visit Development Bank of Nigeria Plc (DBN) to learn more on how to access the loan
On the issue of business plans and feasibility study Report for your new or Existing business can also be done perfectly well. Contact us today lets give you a winning one.

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Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.
For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.

Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.

You can use this format in developing your own business Plans and feasibility Study

OUR TABLE OF CONTENT INCLUDE;

SECTION 1(Business plan section)

SECTION I – EXECUTIVE SUMMARY

NAME OF BUSINESS / COMPANY

OFFICE & SITE LOCATION

MOTIVATION

MISSION STATEMENT

SOCIAL/ECONOMIC VALUE

PROJECT STATUS & START UP

WHY PREPARE THIS BUSINESS PLAN?

SECURITIES FOR THE PROPOSED LOAN

REPAYMENT

SECTION II – STUDY AREA

STUDY AREA

COMPANY OVERVIEW

MANAGEMENT TEAM

DEPARTMENTS IN THE COMPANY

EXPERIENCE

MANAGEMENT TEAM GAPS

SECTION III – INDUSTRY ANALYSIS

DEFINING YOUR INDUSTRY

YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS

INDUSTRY STRUCTURE

MARKET OVERVIEW

MARKET SEGMENTATION

RELEVANT MARKET SIZE

KEY SUCCESS FACTORS

LONG TERM PROSPECTIVE

MARKET CHARACTERISTICS

SAMPLING TECHNIQUE

SECTION IV – CUSTOMER ANALYSIS

TARGET CUSTOMERS

CUSTOMER NEEDS

MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS

BUYERS BEHAVIOUR

MARKET SHARE

SALES FORECASTING

SECTION V – COMPETITIVE ANALYSIS

DIRECT COMPETITORS

COMPETITIVE ADVANTAGES

SECTION VI – MARKETING PLAN

PRODUCTS & SERVICES

FINISHED PRODUCTS

PRODUCT QUALITY AND PRODUCTION QUANTITY

PRODUCTION CAPACITY

PRICING

PROMOTIONS PLAN

DISTRIBUTION PLAN

SECTION VII – OPERATIONS PLAN

GENERAL APPROACH TO PRODUCTION

TECHNICAL ANALYSIS / PRODUCTION PROCESS

EQUIPMENT

PACKAGING REQUIREMENTS

SECTION VIII – FINANCIAL PLAN

REVENUE MODEL

FINANCIAL ANALYSIS

FINANCIAL ASSUMPTIONS

FINANCE CHARGES

FINANCIAL PROJECTIONS

FUNDING REQUIREMENTS/USE OF FUNDS

CRITICAL ASSUMPTIONS

SECTION 2(Feasibility study section)

FINANCIAL MODELS

SUMMARY OF PROJECT COST

BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS

DEPRECIATION

UTILITIES

OPERATING EXPENSES (OPEX)

TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)

FINANCING PLAN

INSTALLED / AVAILABLE EQUIPMENT

BREAK-EVEN ANALYSIS

LOAN REPAYMENT SCHEDULE AND INTEREST PAID

FORECAST OF PROFIT AND LOSS

CASH FLOW

BALANCE SHEET

GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)

BUSINESS RATIOS - PROFITABILITY ANALYSIS

CONCLUSION

SECTION 3 – APPENDIX

Click other related clicks that may interest you below;

·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.

·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State.

·         1^st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study.

Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.

Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration.

After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.

Our bank details are on the website page, Just click on payment to get them

After placing your order, SMS your payment information (Manual title,

Name on teller, payment teller number, and your e-mail address)

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To +2348036925718 or +2348051270981 once I confirm your payment.

The material will be sent to your immediately! By e-mail Trust us 100% to do that.

Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book

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Thinking that we might live you after your purchase? Definitely no!

With the CBN policy in Nigeria via bank verification number (BVN), is almost impossible to steal your money from bank transfer or bank payment.

We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.

Get in touch with us today on our phone numbers or send us an email. We await your response……………………….

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We provide feasibility study/business plan for new and existing businesses

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Floating/Sinking Fish feed

Soybean oil processing, Teachings on how to test soybean cake,

Teaching on how to remove the gummy and unpleasant smell of soybean oil

Palm Oil/Palm nut cracking

Fish Farming (Pond Construction and Fingerlings distribution)

Poultry farm (plus marketing ideas)

Rabbit farming

Snail Farming

Grass-cutter/cane rat Farming

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E-books on; Broilers farming, Layers farming, Grass-cutter farming, Rabbit farming, Pig farming, Catfish farming, and many more……

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