SME Loan Eligibility Criteria at Carbon: What You Need to Know

What is the criteria for SME loans?

To access business loans on Carbon you need to have the following criteria:
  1. A business registered with the CAC.
  2. A valid Tax Identification Number (TIN).
  3. Applicable Sectors (for now) include: Retail, Agent Banking, Food Services, Health Services.
  4. Time in Business: 1+ years.
  5. Monthly Sales/Revenue: N1,000,000+.
  6. Location: Nigeria.

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