Fidelity Bank - FGN MSME Intervention Loan

Empowering Nigerian Businesses for Growth

The Federal Government of Nigeria (FGN), through the Bank of Industry (BOI), has introduced the MSME Intervention Fund to support entrepreneurs and businesses across the country. Fidelity Bank is proud to be your access point to this transformative opportunity.

Why This Loan?

The FGN MSME Intervention Loan is designed to:

Reduce production costs for small businesses

Reduce production costs for small businesses

Provide access to affordable financing

Provide access to affordable financing

Support job creation and household welfare

Support job creation and household welfare

Drive GDP growth and economic development

Drive GDP growth and economic development

Who Can Apply?

Loan Features

Loan Features

  • Maximum Loan Amount: Up to ₦5 million per business.
  • Facility Options:
    • Working Capital: Up to 12 months.
    • Asset Finance: 12 – 36 months (with 30% equity contribution).
  • Affordable repayment terms tailored for MSMEs.
Collateral Requirements

Collateral Requirements

  • Legal mortgage or shop ownership (120% cover for add-on utilization under Traders Support Facility).
  • Personal Guarantee of promoter/director with notarized statement of net worth.
  • Undated cheques (130% of facility value).
  • BVN/NIN and executed Global Standing Instruction (GSI).
Why Apply Through Fidelity Bank?

Why Apply Through Fidelity Bank?

  • Seamless application process.
  • Advisory support from SME specialists.
  • Nationwide branch network and SME touchpoints.
  • Trusted partner in growing your business.

Apply Now

FGN MSME Intervention Loan