The On-Balance Sheet Lending facility is internal loan of NMFB separate from Central Bank of Nigeria intervention funds administered by the Bank. The OBL facilities are funded from depositors’ funds.
On-Balance Sheet Lending (OBSL) Facility Internal Loan
The On-Balance Sheet Lending facility is internal loan of NMFB separate from Central Bank of Nigeria intervention funds administered by the Bank. The OBL facilities are funded from depositors’ funds.
This facility can be applied for by the following:
- Small and Medium Enterprises with good financial track record
- Petty traders with verifiable businesses
- Individuals with verifiable sources of monthly income (including paid employment for at least 6 months)
- Individuals and business owners in need of household equipment/ and other consumer assets
- Individuals and businesses operating within the agricultural value chain
If you are one of the above, you can access this facility from the OBSL loan portal or by visiting any of our branches.
Requirements for NMFB On-Balance Sheet Lending Facility Internal Loan
An applicant would need their personal details (name, contact, home address, BVN) and their business details (name, address etc.) to apply. With the minimum being N50,000 and the maximum subject to your financial capacity, this facility is capable of covering your personal or business needs.
Available OBSL Products
- Petty Cash Now-Now Facility (NMFB Petty Cash Now-Now)
- Salary Advance Facility (NMFB SALAD)
- Consumer Asset Finance Facility (NMFB CAFF)
- Small and Medium Enterprise Facility (NMFB SME)
- Agricultural Finance Facility (NMFB AFF)
How to apply for NMFB On-Balance Sheet Lending Facility Internal Loan
Read also:
Short Code to Borrow a Loan from Banks in Nigeria
President Bola Tinubu has approved/promised to disburse/pay 50k Loan/Grant to 1million Nigerians
Apply for Federal Government Loan/Funds for SMEs and Micro Business in Nigeria