Carbon Nigeria | SMEs | Knowledge Base

SMEs
Carbon SME Banking
We provide banking solutions to SME customers such as Loans and transactional accounts. Businesses can access up to 10M with a maximum tenor of 6 months. What are the requirements? * High Turnover Business * Registered Businesses with CAC * Have ...
How can I get POS on Carbon?
We currently do not offer POS services on Carbon. For SME you can access Carbon services on the web here.
What is the interest rate on SME loans?
The interest rate for SME loans is between 3% - 5%.
How much can my business access via the SME loan?
SME loan amount ranges from N300,000 to N10,000,000 as a starter. However, you can access more than these amounts as a repeat client.
What is the criteria for SME loans?
To access business loans on Carbon you need to have the following criteria: A business registered with the CAC. A valid Tax Identification Number (TIN). Applicable Sectors (for now) include: Retail, Agent Banking, Food Services, Health Services. Time ...
How can I access SME Loans
Carbon provides flexible finance for SMEs. The way to access it is to: Register at https://smefinance.getcarbon.co/ and start your journey to accessible finance. Completely fill the required information and upload requested documents for eg: Valid ...

Popular Articles
How much can I borrow on Carbon?
Carbon offers various loan amounts to its customers based on their account history and other factors, such as credit score, financial history, and repayment capacity. As a new customer, you may be eligible for one of the following loans: Loan 1: ...
USSD Code
Now you can access Carbon without the internet using the code: *1303# to fund your Carbon account, buy airtime or send money. For airtime to self - *1303*Amount# For airtime to others - *1303*Amount*Phone No# To transfer to Carbon Wallet - ...
How to get a Carbon loan
Download the Carbon app from your google play store OR the apple store, sign in or sign up to identify yourself and this will take you to our brief registration/application forms. Complete an application with valid information and click on "apply for ...
Available Loan Offer
a. Loan Offer is calculated based on the verified data from your information and current risk profile. b. The loan amount, duration and interest rate at any time depends on your profile and the information you provided in the application. . Note: ...
What is my Maximum Account Limit?
Your KYC level determines your account limit. Level 1: Single transfer limit -0 Daily transfer limit- 0 Wallet limit - 0 Level 2: Single transfer limit -N50,000 Daily transfer limit- N300,000 Wallet limit - N500,000 Level 3: Single transfer limit ...

SMEs