BOI loan application portal 2024 is here. Are you a business man/woman looking for loan in Nigeria? Today we will be showing you how to apply for the bank of industry loan 2024 at the comfort o your home or office.
BOI is controlled by the federal government of Nigeria. It focuses on providing loans to entrepreneurial and industrial enterprises involved in Agro-processing, information technology, and lots more.
8 Things You Should Know About BOI Loan
Before applying for the BOI loan there are certain things you need to know about and take very important. See them below;
- Mandate
- Entities that BOI Finances
- Items that BOI can finance
- Mode of disbursement
- Amount that can be financed by BOI
- Collateral requirements
- Startup businesses
- You need to support your application with some documents
More details about these are outlined clearly on the bank of industry loan application website.
If you have been looking for a loan to fund your business and make the best out of it, you can apply for the BOI loan with the steps we will provide in this page.
BOI Loan 2024 Requirements and Qualifications
Interested applicants must provide some requirements that ensure their eligibility. If you do not meet the requirements, we advise you not to apply. See the requirements below;
- A formal letter of application
- A photocopy of the certificate of incorporation
- A standard feasibility study report
- Copies of passport photographs
- Company’s organizational structure and management
- Three years’ most recent tax clearance for the enterprise
- Marketable financial instruments
- Legal mortgage on landed property
- Bank guarantee
- External guarantors with a known statement of net worth
How to Apply for BOI Loan 2024
If you have met the following requirements you are qualified to apply for the Bank of Industry loan. Now we will guide you through on how you can submit your application online.
The application is completed online via the bank of industry official website. All you need to do is to visit https://apply.boi.ng/register, read the “Eight (8) things you should know before you commence your application on this platform” carefully then select if your business is registered or not.
Select the amount you need and also sector then proceed. The online application form will appear after this and you will continue filling the form with the correct information and click the “register” button.
Shortlisted candidates will be contacted via email or sms.
Visit this page regularly for BOI loan 2022 latest news. We will try our best to let you know if there’s any news.
