NEXIM LOAN - NEXIM Bank Loan
NEXIM LOAN – NEXIM Bank Loan 2023/2024 – Would you like to apply for NEXIM Bank loan 2023/2024? If yes, the Nigerian Export – Import Bank loan application form, portal www.neximbank.com.ng, requirements, how to apply, closing date and other necessary details for the 2023 nexim loan is included in this articleREAD – Federal Government Loans
The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 as an Export Credit Agency (ECA) with a share capital of N50, 000,000,000 (Fifty Billion Naira) held equally by the Federal Ministry of Finance Incorporated and the Central Bank of Nigeria.
Abia State | Cross River State |
Adamawa State | Delta State |
Akwa Ibom State | Ebonyi State |
Anambra State | Edo State |
Bauchi State | Ekiti State |
Bayelsa State | Enugu State |
Benue State | Gombe State |
Borno State | Imo State |
Jigawa State | Nasarawa State |
Kaduna State | Niger State |
Kano State | Ogun State |
Katsina State | Ondo State |
Kebbi State | Osun State |
Kogi State | Oyo State |
Kwara State | Plateau State |
Lagos State | Rivers State |
Sokoto State | Yobe State |
Taraba State | Zamfara State |
READ – NMFB OBL Loan Link Portal – Register
Under the Direct Lending Facility, NEXIM would grant short, medium and long term fixed or floating rate loans, to exporters directly and/or under co-financing/syndication arrangement with eligible banks.
Direct loans are available to assist exporters complete their export sales, by providing working capital and/or facilities and funds for procurement of equipment. Services include, but are not limited to consultancy, tourism, oil and gas services provided by Nigerians. Loans are granted directly to a Nigerian exporter in both local and foreign currencies up to 80% of the total project cost
The following items are not eligible for financing:
READ – Fresh CBN Collateral Free Loan – Apply to Benefit
Participating Bank
Banks wishing to participate in co-financing a project with NEXIM must be in good financial health as evidenced by three years Audited Accounts, and meet additional criteria set by NEXIM from time to time.Where NEXIM is invited to join a syndication arrangement, member banks must be ready to provide the working capital requirement of the borrower and subsequent cost overrun.
A borrower must be a creditworthy limited liability company, cooperative society, existing/new production units with a minimum of 50% export orientation or an existing provider of export services. The borrower must establish that the loan will develop or expand his export business.
Collateral Requirements
The security may be one or more of the following:
READ – AGSMEIS Loan Registration – CBN AGESMEIS Loan Portal is open
The following documents should accompany the application:
To begin online application, visit, https://neximbank.com.ng/get-loan/
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