How To Raise N10m Capital To Fund Your Business
With the current economic reality, raising 10 million Naira to fund your business is not an easy task. This is even more difficult when you are starting a new business. However, raising as much as 10 million Naira can be easier than you think, and in this post, I am going to show you a simple fund-raising model powered by the Central Bank of Nigeria (CBN) that many people may not know about. There are numerous ways to raise funds to finance your business, but they come with difficulties and limitations, so I will skip the lists and get to the point. Did you know that your bank can give you a whopping ten million Naira (N10,000,000) to support your business without any form of collateral? I bet you didn’t know this! With the current Central Bank of Nigeria (CBN) policy, banks are mandated to provide their customers with up to N10,000,000 to finance their business without requiring anything pledged as security. What Are The Requirements? You will be surprised at...