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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Loans

Bank of Industry (BOI) SME and youth entrepreneurship financing

Status

Status not published

Rolling applications through the BOI customer portal; individual on-lending funds open and close as their allocations are drawn down.

Open now
Amount
1,000,000,000 NGN

BOI SME products vary by fund: e.g. Light Manufacturing up to NGN 10 million (asset debenture over equipment); BOI-FGN loans NGN 50,000 to NGN 5,000,000 at 9% p.a. (subsidiary channels); larger industrial products have much higher single-obligor limits (BOI brochure). Longer tenors (3-5 years) and 3-12 month moratorium cited.

Funder

Bank of Industry Limited (BOI), Nigeria

public · national

Deadline: Open all year — Rolling applications through the BOI customer portal; individual on-lending funds open and close as their allocations are drawn down.

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
major

Major bid — written case, budget, possibly partners.

Who can apply

Nigerian registered enterprises. Most BOI products require a bank guarantee or acceptable collateral, which is the main barrier for early-stage startups.

How to apply

  1. Register on the BOI customer portal and select the relevant product.
  2. Submit the business plan, financials and collateral or guarantee details.
  3. Appraisal and site visit.
  4. Offer letter, perfection of security and disbursement.

What you will need

Related reading: How grant deadlines actually work

Apply on the funder's site

Source. https://www.boi.ng/smes/

"Our lending products are tailored to meet the financing needs of SMEs ... Light Manufacturing ... Loan Amount Up to ₦10 million"

Last checked against the official page on 5 October 2026

Source: www.boi.ng

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Paid, separate from Unclaimed

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