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DBN Loan: Application for Development Bank of Nigeria 2022 Ongoing (For Startup & Existing Businesses) – Apply Now



DBN Loan: Application for Development Bank of Nigeria Ongoing (For Startup & Existing Businesses) - Apply Now

DBN Loan – The Development Bank of Nigeria is currently giving loans to start-up entrepreneurs and existing business owners to foster the sale of their business ventures and sustainable economic development.

The DBN loan is aimed towards entrepreneurs who have creative and innovative mindsets and those whose businesses are providing solutions and jobs to society. If you currently have a business plan or already own a business within Nigeria, you can apply for the DBN loan application 2022.

All MSMEs (start-up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions.

DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.

DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs), and other Financial Institutions.

DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis.

How to get a DBN Loan 2022

  1. Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan.
  2. The Bank appraises the business and loan purpose, and if its assessment is favorable, the Bank applies to DBN for funding.
  3. If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.

You can access the DBN loan 2022 through any of these PFIs by contacting any of the banks listed below:

Access Bank,,,,
Ecobank Nigeria Bank PlcEbere Onyenweaku –,
Fidelity Bank PlcOsaigbovo Omorogbe –,,

To get a loan, Click Here
FCMB LtdOluremi Agboola –,,

To get a loan, Click Here
To get a loan, Click Here
Providus BankEnyinnaya Akagha –
Stanbic IBTC Bank PlcUmeasala, Damian –,
Ojosipe, Ayodele –
To get a loan, Click Here
Sterling Bank
Union Bank of Nig,,
To get a loan, Click Here
Wema Bank,
To get a loan, Click Here
AB Microfinance Bank Nigeria Ltd,
Accion Microfinance Bank LimitedNdubuisi Onuoha –,
Adetokunbo Elliot –,
Emeka Uzowulu –,
Addosser Microfinance Bank Olusola Howells –,,
Astra Polaris MFB Onifade Abimbola –,,
Baobab Microfinance Bank Achenyo Oyibo –,
Bosak Microfinance Bank Toyin Peters –,,

To get a loan, Click Here
Davodani Microfinance,,,,
FSDH Merchant BankAyodele Akinwunmi –
HASAL Microfinance Bank,
To get a loan, Click Here
Infinity Microfinance Bank Ltd Oludotun Adewunmi –,,
Infinity Trust Mortgage BankAbiodun Akanbi –
Jubilee Life MortgageKushiro Roli –
La Fayette Microfinance Bank
LAPO Microfinance Bank LtdEfosa Aigbe –,
Mainstreet Microfinance Bank LtdAdegoke E. Adegbami –,,
Microvis Microfinance,,
NPF Microfinance Bank PlcRotimi Dada –,,,
Parallex Microfinance,
Regent Microfinance
Seedvest Microfinance BankKehinde Oyeleke –,,,
Stanford Microfinance BankVincent Aluu –
Trust Microfinance,,

NOTE: The DBN Loan is only for Start-up and existing MSMEs Businesses.

Bernard Bassey is a graduate of Software Engineering from AfriHUB University, Abuja. He is an expert in field journalism, his interest in socio-politics activities is keen.

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