BOI Loan Application Portal 2022/2023 – Interested in how to apply for the Bank Of Industry loan? are you a businessman/woman who needs a loan to burst their business to the next level? well, this page is the right place to be and BOI loan is the right loan for you.
This article is all you need to know about the Bank of Industry Loan with how to apply and some related information that you might want to know before applying for this loan and requirements and qualifications.
About the BOI Loan
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.
What You Should Know Before Applying for this Loan
Below are very important factors you need to know and consider before applying for the BOI Loan;
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
You can see more information on the BOI loan website.
BOI Loan 2022 Requirements
Applicants must provide certain requirements that guarantee their eligibility. If you do not meet the requirements don’t bother applying. see requirement ;
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 2022
See how to apply for the BOI Loan after you might have successfully passed the requirement;
visit https://apply.boi.ng/ and register
read the “Eight (8) things you should know
Then commence your application on this platform carefully
Then select if your business is registered or not.
Select the amount you need and also the 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.