Business

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

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2 years ago

Wednesday, 26 January 2022, 3:11

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.

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1 TRENDING NOW

2 How to get a DBN Loan 2022

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

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.
The Bank appraises the business and loan purpose, and if its assessment is favorable, the Bank applies to DBN for funding.
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 Plc	Onyinyechi.Uba@ACCESSBANKPLC.com, CorporateFinance@ACCESSBANKPLC.com, Oreoluwa.Adeyemo@ACCESSBANKPLC.com, Omotolani.Ketiku@ACCESSBANKPLC.com, Moses.Osondu@ACCESSBANKPLC.com
Ecobank Nigeria Bank Plc	Ebere Onyenweaku – eonyenweaku@ecobank.com, TOLARINDE@ecobank.com
Fidelity Bank Plc	Osaigbovo Omorogbe – osaigbovo.omorogbe@fidelitybank.ng, Jennifer.David-Ake@fidelitybank.ng, Chiwuike.Okere@fidelitybank.ng To get a loan, Click Here
FCMB Ltd	Oluremi Agboola – Oluremi.Agboola@fcmb.com, George.Ogbonnaya@fcmb.com, Toyin.Ajibulu@fcmb.com To get a loan, Click Here
First Bank Nig Ltd	DBNFUNDS@FIRSTBANKNIGERIA.COM
GTBank	lucia.jaiyeola@gtbank.com, kelvin.biiranee@gtbank.com To get a loan, Click Here
Providus Bank	Enyinnaya Akagha – eakagha@providusbank.com
Stanbic IBTC Bank Plc	Umeasala, Damian – Damian.Umeasala@stanbicibtc.com, Ojosipe, Ayodele – Ayodele.Ojosipe@stanbicibtc.com To get a loan, Click Here
Sterling Bank Plc	businessbanking@sterling.ng
Union Bank of Nig Plc	aoordia@unionbankng.com, aebassey@unionbankng.com, SMEProduct@unionbankng.com To get a loan, Click Here
Wema Bank Plc	Ololade.Adekunle@wemabank.com, Arthur.Nkemeh@wemabank.com To get a loan, Click Here
AB Microfinance Bank Nigeria Ltd	Oladapo.Ikupolati@ab-mfbnigeria.com, Olukorede.Ekundebe@ab-mfbnigeria.com
Accion Microfinance Bank Limited	Ndubuisi Onuoha – nonuoha@accionmfb.com, Adetokunbo Elliot – aelliot@accionmfb.com, Emeka Uzowulu – euzowulu@accionmfb.com, uchukwu@accionmfb.com
Addosser Microfinance Bank	Olusola Howells – howells.olusola@addosser.com, deji.sobulo@addosser.com, oluwaseun.adekanbi@addosser.com
Astra Polaris MFB	Onifade Abimbola – abimbola.onifade@astrapolaris.com, info@astrapolaris.com,
Baobab Microfinance Bank	Achenyo Oyibo – aoyibo@baobab.bz, cgwehi@baobab.bz
Bosak Microfinance Bank	Toyin Peters – toyinpeters@bosakmfb.com, teepeeters@gmail.com, FrancisAtiri@bosakmfb.com To get a loan, Click Here
Davodani Microfinance Bank	johne.ologe@davodanimfb.com, aayotomi@davodanimfb.com, ayodejitomi@yahoo.com, soyebisi@davodanimfb.com, ufelix@davodanimfb.com
FSDH Merchant Bank	Ayodele Akinwunmi – aakinwunmi@fsdhgroup.com
HASAL Microfinance Bank	bukola.afariogun@hasalmfb.com, njoel-ezeugo@hasalmfb.com To get a loan, Click Here
Infinity Microfinance Bank Ltd	Oludotun Adewunmi – g.adewunmi@infinitymfb.com, oludotunadewunmi@yahoo.com, s.ogunniyi@infinitymfb.com
Infinity Trust Mortgage Bank	Abiodun Akanbi – abiodun.akanbi@itmbplc.com
Jubilee Life Mortgage	Kushiro Roli – rolikushimo@jubileelifeng.com
La Fayette Microfinance Bank Limited	eodetayo@advans-lfmfb.com
LAPO Microfinance Bank Ltd	Efosa Aigbe – efosa.aigbe@lapo-nigeria.org, hope.ogbe@lapo-nigeria.org
Mainstreet Microfinance Bank Ltd	Adegoke E. Adegbami – aadegbami@mainstreetmfb.com, midris@mainstreetmfb.com, midris@mainstreetbankmfb.com
Microvis Microfinance Bank	oolaiya@microvismfbank.com, oaustin@microvismfbank.com, eokpanachi@microvismfbank.com
NPF Microfinance Bank Plc	Rotimi Dada – rotoyin1159@gmail.com, rdada@npfmicrofinancebank.com, cwosu@npfmicrofinancebank.com, chima_wosu@yahoo.com
Parallex Microfinance Bank	abimbola.akande@parallexbank.com, femi.otenigbagbe@parallexbank.com
Regent Microfinance Bank	fatima.rufai@regentmfb.com
Seedvest Microfinance Bank	Kehinde Oyeleke – kehinde.oyeleke@seedvestgroup.com, oyelek@yahoo.com, omololaakinjoko1@gmail.com, jannybee1@live.com
Stanford Microfinance Bank	Vincent Aluu – nellyvingroup@gmail.com
Trust Microfinance Bank	trustmfb@yahoo.com, debanjajayi@gmail.com, Sodiyasamusideen@yahoo.com