The LSETF Loan Portal 2020 is now open! The loan scheme aims to create affordable access to funding for small businesses to grow, expand, create wealth, and put people to work. The loan scheme, which attracts only 5% interest rate per annum, is available to business owners who are registered residents of Lagos State.
Small and Medium Enterprise Owners can get Loans of up to N5,000,000 per business via the LSETF loan
Requirements
- The business must be a registered company with CAC
- Have personal tax registration details
- Be located in Lagos,
- Have a LASRRA ID,
- Have a Federal Government-issued ID card
- Two people to guarantee the loan and
- Plan to hire new employees
Micro Enterprise Owners can get Loans of up to N500,000 per person via LSETF loan
Requirements
- Have personal tax registration details
- Be located in Lagos,
- Have a LASRRA ID,
- Have a Federal Government-issued ID card and
- One person to guarantee the loan
HOW TO APPLY FOR LSETF lOAN 2020
To start your application, start by visiting the LSETF loan portal at apply.lsetf.ng
For more Info: Lsetf loan portal 2020
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